8 August 2018 YoY to INR11,312m (est. of INR12,300m) in 1QFY19 due to 5.3% YoY de- growth in Textiles business, while Paper & Chemicals business grew by 2% YoY. EBITDA margin expanded 130bp YoY to 21% (est. EBITDA increased 3% YoY to INR2,371m (est. Adj. PAT grew 9% YoY to INR894m (est. Forex loss stood at INR416m in 1QFY19 v/s a forex gain of INR96m in 1QFY18. segment grew by a robust 47% YoY (+14% QoQ) in 1QFY19. Domestic volumes grew 43% YoY; realization too increased 15% YoY. Furthermore, utilization increased from 44% in FY18 to 55% in 1QFY19, enabling the segment to break even at the EBITDA level. Management expects utilization to remain at similar levels in FY19 and reach 75% by FY21 (by when the EBITDA margin of the segment is guided to be ~15%).