McLeod Russel reported revenue in-line with our estimates, however, it was a miss on operating margin and profit fronts. Sales for the quarter was flat on YoY basis to | 468.6 crore, broadly in-line with our estimates at | 473.5 crore. Due to unfavourable weather conditions and thus, loss of production in Kenya aided the tea realisation in both domestic and international markets. Blended realisation for the quarter grew by 3.9% to | 180.6/kg. Volume grew by 2.4% YoY 256 lakh kg; domestic volume...