ICICI Securities Ltd | Retail Equity Research Pitti Laminations' (Pitti) performance in Q2FY17 was largely tracking the management guidance of muted Q2 and relatively good H2FY17 Net sales for the quarter declined 15% YoY to | 66.0 crore, largely tracking 39% decline in export sales. The EBITDA margin, however, came in higher at 11.8% due to a better metal realisations and costs rationalisation measures being undertaken at Pitti In Q2FY17, EBITDA was at | 7.9 crore while PAT was at | 1.5 crore...