During Q1CY19, MCIE's consolidated revenue and PBT grew by 10% & 12%YoY respectively, in line with our estimates. The growth was driven by 15%YoY & 2%YoY from European and India business. Despite weak European car sales, the new orders in Gears & Forging segments supported the revenue. However weak domestic demand lowered the India share business. EBITDA margin improved by 50bps due to exchange benefit and superior product mix from Mexico Plant....