a decline of 3.3% in its reported revenue to Rs. 120 crore. This was mainly due to a decline in realisation by ~2% y-o-y, though sales volume increased by ~2%. Gross margin for the quarter increased by 132 BPS y-o-y to 55.9% as cotton prices declined during Q4FY2018. However, due to higher employee expenses (up by ~22% y-o-y) and selling and administrative expenses...