Standalone 4QFY18 revenue stood at INR46b, led by 15% YoY revenue growth in the VSF segment and 35% YoY growth in the Chemical segment. of INR8.7b), with the margin at 18.3% (flat YoY; -2pp QoQ). Tax rate was at 24.5% v/s 27% in 4QFY17, leading to adj. 23 May 2018 Volumes declined 7% YoY due to a delay in regulatory approvals for enhanced capacity. Realizations increased sequentially, led by higher proportion of domestic sales and specialty fiber, resulting in a 16% YoY increase in EBITDA to INR4.0b. Volumes rose 11% YoY on a like-to-like basis.