INR4.05b, a 5% miss to our estimate of INR4.27b. In CC terms, this implies a decline of ~0.5% QoQ, based on our analysis, and in USD terms, revenue grew ~0.5% QoQ to USD57.5m. EBITDA margin shrank 110bp QoQ (-100bp YoY) to 24.3%, below our estimate by 120bp, mainly due to an increase in...