businesses. EBITDA declined steeply by 24% YoY to INR1.2b owing to (a) the rise in marketing spends, particularly in Lifestyle, (b) high employee cost attributed to the commencement of a new facility, (c) inventory write-down of INR100m in Pantaloons and (d) higher spend toward women's innerwear launch. Adjusted for the INR1.9b DTA impact, PAT stood at INR87m (-80%...