JUBI's sales grew 27.3% YoY to INR7.8b (est. of INR7.5b), with SSS growth of 26.5% YoY (est. of +20%). With net seven stores added in 4QFY18, the total store count stood at 1,134 as of end-FY18. Gross margin contracted 260bp YoY to 74.3%, while EBITDA margin expanded 650bp YoY to 16.4%. EBITDA, thus, grew 111.1% YoY to INR1.3b (in-line), while adj. PAT increased 355.8% YoY to INR681m (est. of INR617m). FY18 performance: SSS growth stood at 13.9% YoY. Standalone net sales, EBITDA and adj. PAT increased 17.1%, 81% YoY and 173.5%, respectively.