ICICI Securities Ltd | Retail Equity Research Ramco reported mixed set of Q3FY18 result. Revenues increased 12.0% YoY to | 1,056.4 crore (vs I-direct estimate of | 1,041.0 crore) led by 14.7% YoY increase in volumes to 2.3 MT (vs I-direct estimate of 2.2 MT) due to higher sales in eastern region. However, realisation declined 2.4% YoY (down 6.3% QoQ) to | 4,645 (vs I-direct estimate of | 4,849). EBITDA margin decreased 688 bps YoY to 22.3% (below I-direct estimate of 25.1%) due to 33.1% YoY increase in power & fuel cost...