Overall revenue came marginally ahead of estimate by ~5% at Rs10.8bn as against estimate of Rs10.4bn. Overall net income stood at Rs2.6bn as against estimate of Rs2.42bn, helped by significantly higher other income. The highlight of Q4FY18 was a 200/400bps qoq expansion in gross margin/EBITDA margin. The additional EBITDA margin expansion is a result of remediation costs fading away, which should completely normalize in the next 1-2 quarters. short-term growth outlook for DIVI's is uncertain given the possible paucity of capacity. Valuation also looks challenging for DIVI's given the stock's run-up in the past few months,...