Revenues slipped by 20.1% YoY and 10.8% QoQ, Adj. EBITDA by 48.3% YoY and 31.5% QoQ and PBT by 46.4% YoY and 29.7% QoQ to Rs 2,795mn/Rs199mn/Rs 198mn. Volumes stood at ~15,000 down marginally by 3.2% QoQ and 14.2% YoY. PAT however grew by 20.1% YoY due to utilisation of deferred tax asset. Styrene which accounts for 53% of RM costs suddenly corrected from USD 1050 during August to USD 900 per ton by end of quarter thus resulting in inventory losses. Dumping of natural grade ABS in domestic market is leading to continued pressure on realisations. Slowdown in auto is impacting specialty grade sales. With these...