Good performance continues for Nilkamal in 3QFY18. Revenue growth at 5 %, EBITDA growth strong at 35 %
Plastic and mattress segment drives growth, @home flat: in 3QFY18, Plastic segment saw volume/value growth of 2%/5% YoY (11%/16% QoQ). Mattress segment saw robust performance with revenue growth of 42% YoY to INR151mn.This was largely on account of commencement of manufacturing units in east (Barjora) and west (Bhiwandi) leading to better geographic penetration. Performance of @home business was flat, in-line with expectation. Revenue was down 3% to INR561mn, however, significant improvement in operational efficiency led to PBT...