Dabur India came out with stable set of numbers, which were mostly in line with our estimate. Consolidated revenue for the quarter Q4FY19 grew 4.7% YoY to Rs 2128 cr, slightly below our estimate of Rs 2229 cr, while EBITDA came at Rs 457 cr exactly in line with our estimate of Rs 456 cr. EBITDA margins came in at 21.5% which was impacted by higher staff costs (+34% YoY). PAT for the quarter stood at Rs 370 cr against our estimate of Rs 404 cr(-6.5% YoY) mainly on account of Rs 75 cr of exceptional loss on account of impairment of goodwill in one of its wholly owned subsidiary M/s Hobi...