Pressure cooker industry revival to spur revenues Hawkins reported a robust set of Q1FY19 numbers with revenues growing 50% YoY to | 120.8 crore. Higher raw material expense led to a decline in gross margin by 110 bps YoY to 59.8%. However, with positive operating leverage kicking in, EBITDA margins expanded significantly by 580 bps YoY to 13.9%. Absolute EBITDA grew ~2.6x to | 16.8 crore. Lower other income (down 40% YoY to | 1.3 crore), restricted PAT growth, to a certain extent. Hence, PAT for the quarter came in at | 10.7...