ICICI Securities Ltd | Retail Equity Research Revenues for the quarter grew 10.6% YoY to | 1685 crore (I-direct estimate: | 1618 crore). Revenues from the textile segment grew 10% YoY to | 1591.8 crore while acrylic fibre reported healthy revenue growth of 28% YoY to | 117.5 crore Gross margins for the quarter improved 659 bps YoY to 50.8% (Idirect estimate: 48.9%) mainly on account of low cost cotton inventory. Subsequently, EBITDA margins improved 667 bps YoY to 19.6% (I-direct estimate: 17.0%, Q1FY19: 17.2%). Absolute EBITDA...