Better gross margins (up 50 bps YoY) and lower other expense as a percentage of sales (down 75 bps YoY) led to EBITDA margin improvement of 20 bps YoY to 10.5%. However, higher employee & processing charges as a percentage of sales (up 62 bps, 40 bps, respectively) stemmed the margin expansion. Subsequently, absolute EBITDA grew 2.7% YoY to | 34 crore Though other income rose 84% YoY to | 7.7 crore, higher interest cost (up 77% to | 11 crore) and increase in depreciation (up 4% YoY...