EBITDA margins improved marginally by 20 bps YoY to 12.0% (I-direct estimate: 12.2%), mainly on the back of a decline in rental expense as a percentage to sales by 69 bps YoY. Subsequently, absolute EBITDA grew 21% YoY to | 71.0 crore (I-direct estimate: | 71.8 crore) Other income for Q1 came in at | 5.7 crore vs. | 16.0 crore in Q1FY18. This led to restriction of PAT growth. Consequently, PAT for the quarter stayed flat YoY at | 38.4 crore (I-direct estimate: | 47.3 crore) Key takeaways from AGM: 1) the management has chalked out...