AL's annual report for FY16 highlights stellar standalone operating performance. While revenue grew 39% to INR188.2b, EBITDA doubled to INR21.7b, driven primarily by domestic business. Subsidiaries excluding Hinduja Leyland Finance (HLF) played spoilsport and continued to incur losses. The standalone entity infused INR1.8b of fresh investments while writing-off investments of INR5.8b (INR1.7b goodwill on consolidated basis) towards these subsidiaries. Goodwill-on-consolidation of INR6.4b (13% of NW)...