Gross margins for the quarter improved 1050 bps YoY to 48.9% but continues to be below its pre-Covid levels (53-55%) on account of sharp inflation on China imports for both RM and finished goods On the back of significant cost saving measures, the company reported healthy EBITDA margin of 14.4% with absolute EBITDA of | 57.2 crore (vs. | 8 crore in Q3FY21). PAT has nearly reached pre-Covid levels at | 33.5 crore What should investors do? VIP's share price has grown by ~4.9x over the past five years (from ~| 135 in February 2017 to ~| 655 levels in February 2022). Luggage...