Emmbi Industries (Emmbi) reported a steady Q2FY18 performance Net sales in Q2FY18 were at | 60.2 crore (up 6% YoY) while EBITDA came in at | 8.3 crore with corresponding EBITDA margins at 13.8%, up 100 bps YoY. PAT in Q2FY18 was at | 3.7 crore, up 13% YoY Emmbi witnessed lower than anticipated sales during the quarter on account of transition involving GST, which also led to elongation of working capital cycle and consequent increase in short-term borrowings due to absence of refunds (export incentives)...