Kaveri Seed Company's (KSCL) revenues fell 8.4% from INR5,394m in 1QFY16 to INR4,940m in 1QFY17 (est. of INR7,305m not adjusted for Ind-AS). EBITDA too declined to INR1,583m (est. of INR2,369m) from INR2,256m in 1QFY16, while margins came in at 32% (est. of 32.4%) v/s 41.8% in the year-ago period. Adjusted PAT fell to INR1,544m (est. of INR2,254m) from INR2,191m in 1QFY16. For 1QFY17, cotton seed volumes declined 15% YoY to 5.2m packets, rice seed volumes remained flattish YoY at 6.18mt, while maize seed volumes increased 50% YoY to 6.6mt....