Total Sales stood at INR 2984 mn which was up by 30.5% Y-O-Y and 10.1% Q-O-Q. Top-line stood above our expectations of INR 2774 mn on account of better than anticipated realization growth which was higher by 20% Y-O-Y as against our estimate of 12% Y-O-Y. EBIDTA stood at INR 425 mn which was up by 63.5% Y-O-Y and 63.7% Q-O-Q and EBIDTA margin stood at 14.2% as against 11.4% in Q1FY17 and 9.6% in Q4FY17. EBITDA significantly beat our estimates on account of higher realization growth coupled with lower than expected power...