ICICI Securities Ltd | Retail Equity Research Exide Industries (EIL) reported a muted Q3FY19 performance Net sales for the quarter were at | 2,497 crore, up 9.7% YoY The management commentary suggests volume growth was seen across verticals i.e. automotive, motorcycle, UPS and solar battery EBITDA in Q3FY19 was at | 312 crore, up 10.6% YoY with corresponding EBITDA margins at 12.5%, up 10 bps Margin improvement was limited primarily due to higher other...