USL's gross revenues for Q2FY17 grew 7% YoY (up 2% QoQ) to | 6028 crore (vs. estimated | 5918 crore). Post excise duty, net revenues grew 7% YoY to | 2048 crore (vs. estimated | 2087 crore) Total volumes continue to maintain their quarterly run rate of 22 million cases (Prestige & above/popular segment - 9 million/13 million cases). Prestige and above grew 10% YoY contributing 41% of overall volumes vs. 37% in Q2FY16. The growth was completely negated by de-growth of 5% in the popular segment, which now contributed 59%...