Suprajit Engineerings (SEL) consolidated 3QFY17 results came in below expectations owing to the weak performance of its cable business (effect of demonetisation) and a seasonally weak quarter for Wescon Controls. APAT came in lower than estimates at Rs 213mn ( 7% YoY), largely driven by a lower EBITDA margin at 15.3% (-120 bps YoY).