FY19 performance: Revenue grew 38%, with the margin expanding 170bp to 17.9%. Adj. PAT increased 60.2%. Chemicals/Packaging compensate for drag from Technical Textiles: The Technical Textile margin shrank 270bp YoY to 11.7% in the quarter owing to an inventory loss (INR50-100m) due to RM price volatility and lower sales volumes due to sluggishness in the auto sector. However, this adverse impact was offset by the Chemicals/Packaging segments, where revenue grew 65.8%/18.3% YoY and margins expanded 160bp (to 19.8%)/330bp (to...