EBITDA below expectations; Investments in FY17 to revive business Revenue and EBITDA below expectations: Just Dial's (JUST) revenues grew 6.2% YoY to INR1,763m (est. of INR1,939m), with paid campaigns growing 12% YoY and 5% QoQ to 389,400. EBITDA de-grew 35% YoY to INR293m in 1QFY17 (est. of INR407m), with margins declining 1,060bp to 16.6% (est. of 21%) on account of an increase in employee expenses of 820bp and in other expenses of 250bp. Other income grew 110% YoY to INR287m (est. of INR150m), and tax...