Growth intact amid cloudy conditions; maintain BUY Exide Industries posted Q3FY17 results with revenue at Rs.17.3 bn, a growth of 13.4% / -10.3% YoY/QoQ, respectively, on account of continued growth in replacement sale of Automotive and Motorcycle batteries. EBITDA for the quarter shrunk by 2% YoY to Rs. 2.3bn and margin contracted by ~ 209 bps / 190 bps to 13.3% vs 15.4% / 15.2% YoY / QoQ respectively. Reported PAT stood at Rs. 1.5 bn, ~13.1% YoY...