ICICI Securities Ltd | Retail Equity Research Wabco India's (WIL) Q1FY18 revenues came in at | 526 crore (down 2.1% YoY) vs. expectation of | 487 crore. The topline was supported by 1) export revenue (up 32.3% YoY to | 184 crore) & 2) contribution from new products (~5% of overall sales) like wiring harness, pole wheels, lift axle control & others. Revenue from domestic business declined 14.1% YoY to | 342 crore, after M&HCV; industry production volumes declined 45.3% YoY. The domestic revenue mix was OEM...