ICICI Securities Ltd | Retail Equity Research Q2FY19 results were in-line with I-direct estimates on revenues and net profit fronts. Revenues grew 27.4% YoY to | 543.5 crore (I-direct estimate: | 560.1 crore) on the back of continuous windfall from limited competition products (Glatiramer Acetate, Liposomal Doxorubicin, Lanthanum Carbonate and Oseltamivir) in the US EBITDA margins were at 40.6% vs. 28.6% in Q2FY18 (I-direct estimate: 44.4%) mainly due to better realisation from limited...