Quess reported Q3FY18 sales of Rs 15.8 bn, up 48% YoY (adjusted for retrospective consolidation of MIS). Organic growth was strong at 30% YoY. Q3 results reflect consolidation of TBSS and Vedang Cellular. EBITDA margin expanded ~14 bps YoY to 5.7%. PAT at Rs 700 mn, up 107%