Below estimated performance in continued business: Revenue increased 4% YoY to INR17.3b in 2QCY19 (below our est. of INR18.5b). EBITDA grew 42% YoY to INR1.2b (below our est. of INR1.5b), while recurring PAT rose 59% YoY to INR697m (below our est. of INR0.9b). ABB has entered into an agreement with Hitachi globally to sell its power grid' business; as a result, it is showing power grid' as a discontinued business. During the quarter, revenue from the discontinued business increased 2% YoY to INR11b; EBIT was up 3% YoY to INR1b with margin at 9.4%....