BRIT reported 7.4% YoY consolidated sales growth in 2QFY18. Standalone sales too were up by 7.8% YoY. This implies that subsidiary sales grew decently by 1.8% YoY, despite a difficult operating environment in the Middle East. Base business volume growth is expected to be ~5% (press release states mid-singledigit volume growth), as against our estimate of 6% growth. Management...