ICICI Securities Ltd | Retail Equity Research Revenues grew 34% YoY to | 647 crore (I-direct estimate: | 595 crore) mainly due to consolidation of Health City Cayman Islands (Cayman) and incremental revenues from new hospitals EBITDA margins declined 398 bps YoY to 8.1% (I-direct estimate: 12.0%) mainly due to an increase in doctor payouts, expenses related to new facilities, GST implementation besides losses related to stent and implants regulation. EBITDA de-grew 10.3% YoY to | 52...