GRMs were at US$7.9/bbl below our estimate of US$8.2 /bbl mainly due to a lower-than-expected operational performance on the refining front. Inventory gains were at US$3/bbl. Subsequently, EBITDA at | 3188.2 crore was below our estimate of | 3400.5 crore The quarter witnessed higher other income of | 727.4 crore above our estimate of | 508.8 crore. This led to the upside in profitability, which was at | 2143.7 crore vs. our estimate of | 2028.4 crore...