Balkrishna Industries (BIL) posted muted Q3FY19 results Revenues came in at | 1,206 crore (up 9.0% YoY, down 9.0% QoQ). The company disappointed on the volume front (46,780 tonne; down 5.6% YoY). However, it said ASPs were up 9.0% YoY EBITDA inched up 3.8% YoY to | 301 crore, with margins at 25.0% (down 125 bps YoY & 14 bps QoQ). This was mainly due to higher...