Good quarter, order book execution key to growth Ahluwalia Contracts (India) Ltd (ACIL), for Q3FY18, reported decent numbers. Revenue grew by ~1% YoY to 361 crore, growth was muted on the back of GST impact (adjusting for the same, revenue would have been up by 9-10%). Execution of better margin orders led to EBITDA margin expansion of 413bps to 17.3%. Good operational performance aided net profit growth of 20% to 29 crore. As of 31 Dec'17 debt was at 61 crore (vs 63 crore as of 30 Sept'17). Management Guidance: For FY18, the management has maintained revenue...