ICICI Securities Ltd | Retail Equity Research Castrol India reported its Q3CY16 numbers, which were below our estimates. The reported revenues declined 2.9% YoY to | 761.7 crore below our estimate of | 818.2 crore. Modest volume growth of ~1% YoY to ~45.8 million litre mainly contributed to the decline in the topline YoY with net realisation declining 3.8% YoY to ~| 165.7/litre EBITDA declined 1.4% YoY to | 212.9 crore below our estimate of | 234.8 crore due to lower gross margins of ~| 88.1 per litre in...