Ahluwalia Contracts (India) Ltd (ACIL), for Q2FY18, reported good numbers. Revenue grew 15% YoY to 335 crore, on the back of better execution. EBITDA margins expanded by 101bps to 14.9%, aided by lower raw material cost (declined by 1,250 bps to 35.1% of sales) and employee expense (declined by 454bps to 10.3%). Good operational performance along with decline in interest cost (down 35% to 5 crore), led to net profit growth of 29% to 26 crore. As of Sept'17, debt stood at 63 crore (vs 80 crore in Jun'17). Management Guidance: For FY18, the management has revised revenue growth...