(+21% yoy) and Power and Gas (+7% yoy). Gross margin expanded 120bps yoy to 33.7% aidedbylowershareoftradedgoods.EBITDAmarginat11%(+160bpsyoy)wasaboveour estimateof9.4%andEBITDAatRs3bn(+22%yoy)againstourestimateofRs2.7bn.Margin...