Key highlights: Results were marginally ahead of estimates as subsidiaries posted strong performance, but domestic business remained sombre. While there has been a delayed pickup in MACA's earnings power, the company is on the right track with: (1) increasing automationofIndiaplantsboostingefficienciesandimprovingmargins,(2)costsavingsdue to Jeco closure becoming visible from Q3CY16, recouping additional costs that it had to...