After a subdued performance in Q2FY19, green shoots were visible with Page registering revenue growth of 19% YoY to | 738.3 crore in Q3FY19. However, adjusting for the Ind AS-115 accounting change, revenue growth came in at 14% YoY. The growth was led by volume growth of 12% to 44.5 million pieces (highest growth in last six quarters) while realisations improved 5% YoY to | 163/piece Gross margin rose 153 bps YoY to 57.1% while EBITDA margins grew 163 bps YoY to 22.4% (I-direct estimate: 21.5%). Absolute EBITDA...