EIL reported in Q3FY15 a bleak numbers despite a better order book. Net operating revenue de-grew y-o-y by 5.3 % to Rs3,983 mn, however, on q-o-q basis EBITDA has seen a significant growth from Rs.79 mn to Rs. 358 mn representing an upside of 353%.Depreciation was up by 53.4% on q-o-q basis,100% on y-o-y basis, possibly due to change in the method of accounting for depreciation as required by new Companies Act, 2013.