Despite the challenging environment LATL reported 3% YoY growth in revenue to ` 2.87bn supported by strong growth in sheet metal (led by decent volume of Bajaj Auto in 1Q) and aftermarket division. EBIDTA margin remain flat QoQ to 8.7% (in line estimates) while APAT de-grew by 19% YoY to `113mn led by higher depreciation and interest cost. During the quarter, the company has won new business for supplying Gear shifter for Scorpio(M&M;) and exhaust system for Hector (MG Motors). The company has guided for single digit growth in revenue for FY20(excluding...