13 November 2019 by the US (+27.3% YoY to INR28b) and Europe (+21.2% YoY to INR14b). New launches, higher sales in existing products and also sales from acquired entity provided momentum during the quarter. Growth markets grew at a subdued rate of 3.8% YoY to INR3b, while ARV/API sales were down 2.5%/1.3% YoY to INR2.4b/INR8b. YoY to 57.7% due to a favorable mix (product/geographical). However, EBITDA margin shrank 80bp YoY to 20.8% (in-line) due to higher staff cost/other expenses (+90bp/+100bp YoY). EBITDA grew 14% YoY to INR11.7b (in-line).