For Q3FY21, KPTL's standalone revenue was at | 1993 crore (our estimate of | 2183 crore) merely growing 0.7% YoY on the back of steady execution across all businesses amid challenging economic conditions and labour availability constraints. EBITDA came in at | 207 crore (our estimate of | 231.4 crore), down marginally by 0.5% while EBITDA margins sustained at 10.4% with marginal decline of 10 bps YoY. Adjusted PAT (net of exceptional items) came in at | 147.9 crore, up 16.5% YoY partly aided by reduction in interest expense, which declined 45% to | 23 crore YoY. KPTL reported...