KEI Industries (KEII) reported robust numbers with revenues growing 22.2% YoY and 15.8% QoQ to Rs 12,588m. EBITDA grew 36.1% YoY and 16.9% QoQ to Rs 1,376m. EBITDA margins sustained at 10.9%, higher by 110bp YoY and 10bps QoQ on back of better fixed costs absorption. PAT grew 20.9% YoY and 23.8% QoQ to Rs 599m. During FY19, revenues/EBITDA/PAT grew by 22.2%/ 30.7%/ 25.8% to Rs 42,270m/ Rs 4,422m/...