Revenues from Power brands remained constant at | 746 crore (64% of revenues) YoY in Q4FY19. During the quarter, the management decided to discontinue selling to certain MBOs and distributors, which have an elongated credit period. Though it would have a negative impact on revenues in the near term, it would translate to controlled working capital cycle, going forward. Power brands concluded FY19 with revenue growth of 9% YoY to | 2797 crore with robust growth witnessed in innerwear division (USPA brand innerwear revenues grew 2x to | 100 crore). On the...