Short Term Mildly Negative But Brighter Long Term Outlook: Sales, EBITDA & PAT grew by 9.0%, 7.2% & 13.1% to Rs. 15.3bn/3.2bn/2.3bn VsRs.14.0bn/3.0bn/2.0bn YoY, respectively on the back of strong standalone volume growth of 9.0% in Q2FY17 Vs 1.0% volume growth in Q2FY16. Gross margin for thequarter improved at 215 bps to 56.9% from 54.7% on account of higher sales on specialty products and low raw material prices during Q2FY17.