EBITDA dropped 25% YoY to INR956m (40% miss) on account of higher than expected SG&A; and EBITDA margin shrinking 350bp to 14.2%. The miss could be attributed to higher than estimated operational costs, with employee/SG&A; cost at INR660m/INR1.1b (est. INR605m/INR869m). Other income stood at INR207m (3x YoY), which includes INR96m adjusted for rent concessions. The company recorded an exceptional expense of INR124m towards impairment of equity investment and financial assistance...