24 January 2019 volumes growing 3.8% YoY (est. of +9%) on a base of 14.2% decline. while Popular volumes declined 3.6% YoY (underlying Popular volumes down 2% YoY). EBITDA grew 27.7% to INR3.5b (est. Adjusted PAT grew 44.3% to INR2.1b (est.