ICICI Securities Ltd | Retail Equity Research SKF India (SKF) reported healthy Q2FY19 results that were broadly in line with our estimates. Revenues grew 12.7% YoY at | 766 crore. We expected revenue of | 769.1 crore for the quarter. EBITDA margins came in at 16% vs. 16.3% YoY. Lower margins were on account of lower gross margins and higher proportion of (low margin) traded goods during the quarter. Gross margins declined ~80 bps YoY. Traded goods as % of topline increased to 31.5% vs....