results. Revenues came in at | 1931.4 crore, up 29.1% YoY, above our estimate of | 1751.5 crore. On a consolidated basis, revenues grew 15% while PAT grew 77% due to the better performance of developmental assets and interest rate reduction EBITDA came in at | 209.2 crore with EBITDA margins of 10.8%, marginally below our estimate of 11.0%, on account of a higher-thanexpected increase in employee expenses and raw material expenses KPTL reported PAT of | 104.8 crore, in line with our estimate of | 104.8, up 17% YoY. The effective tax rate has increased to 38.2%...