ICICI Securities Ltd | Retail Equity Research Q3Y19 results were better than I-direct estimates mainly due to higher US sales, one-off settlement income and better-than-expected EBITDA margins. Revenues grew 38.9% YoY to | 2051 crore (I-direct estimate: | 1948.3 crore) due to consolidation of Unichem, strong US sales and one-off patent related income (| 63 crore) EBITDA margins improved 305 bps YoY to 27.4% YoY (I-direct estimate: 25%), Adjusting for one-offs, margins were at 26.5%...