Despite chaos of GST transition, HUL reported healthy numbers for the quarter with revenue, EBITDA in line with our estimates. Led by stable consumer offtake despite trade disruption during GST transition coupled with 3-4% price reduction in soaps and detergent categories to pass on the benefit of GST, HUL reported 4% YoY volume growth (against our estimate of 2%). Revenue grew 10% YoY after considering accounting changes under GST On a segmental basis, home care, food, refreshment and personal...