Revenue grew 19% YoY to INR13,286m. For 2HFY19, we expect revenue growth of 15% YoY, with margin expansion of 240bp YoY. PIs domestic business delivered robust growth of 24% YoY, leveraging on its established brands and new launches over the last 2-3 years. CSM business, too, grew by 32% YoY due to improved shipments in the export markets. PI commercialized two new products each in the domestic and exports markets with positive response. Growth hereon is expected to be driven by enhanced visibility of scale-up in exports and healthy R&D; pipeline being translated into commercialization. Management maintained its guidance of 18-20% growth on the back of an improved global scenario and a strong pipeline of products in both segments. Further, margins are guided to improve via a better product mix in the domestic market and backward integration initiatives. We expect robust growth in 2HFY19 as the global market shows better response in terms of product off-takes.