Revenue growth of 20% YoY was driven by better sales realization (+15%) and slight improvement in sales volume (+4%). We are confident of faster recovery in coming quarters with FY19 profit rising 36% YoY. It will be on the back of: 1) accelerated volume growth in high-end segment, 2) ramp up of mass market brand 'Starlite' and mid-market brand 'Feather Foam' and, 3) EBITDA margin recovery led by lower raw material costs. We continue to like SFL's financial profile which looks attractive with strong growth outlook (EPS CAGR 31% in FY18-20E), Net-cash balance sheet, and 38.6% ROCE by FY20E....