ICICI Securities Ltd | Retail Equity Research Standalone revenues for Q1FY18 (which includes Westside and Landmark formats) grew 25% YoY (up 10% QoQ) to | 499.2 crore (Idirect estimate: | 455.3 crore. LTL growth for Westside was at 14%. During the quarter, Westside opened three stores taking the total count (excluding closures) to 111 stores as on Q1FY18 Better inventory management has led to a 70 bps improvement in gross margins to 55% in Q1FY18 compared to 54.3% in Q1FY16. Moreover, controlled other operating expenses accelerated the...