EBITDA margins declined 50bps YoY to 16.9% on account of higher RM costs (63.2% of Sales, up 120bps YoY) and increase in purchase of finished goods (5.3% vs 4% in 3QFY14). Lead is currently trading at USD 1860-1890/MT, down ~8% from its average price of USD 2,010/MT in...