Strong Q2FY17 Performance, Betting on Further Growth Prospects: LGB posted a strong revenue growth of 17.3% QoQ to Rs.3100 Mn, in Q2FY17compared to Q1FY17. The EBITDA margin expanded by 394 bps in Q2FY17, QoQ and EBITDA increased to 60.3% in Q2FY17 compared to Q1FY17 on a QoQ basis.The company showed a strong volume growth, by 10.1% YoY, including marginal gains in other operating income. PAT has tremendous rise with 122.4% on a QoQ basis with Rs. 211 Mn compared to Rs.95Mn in Q1FY17.