ICICI Securities Ltd | Retail Equity Research Revenues for Reliance Defence (RDEL) more than doubled YoY (up 25% QoQ) to | 122.7 crore (I-direct estimate: | 93 crore). The company reported a second consecutive quarter of growth, indicating better execution of the existing order book. Revenues in Q2FY17, Q3FY16 were at | 98 crore and | 50.5 crore, respectively Improved execution coupled with contained costs led to positive EBITDA for a third consecutive quarter. EBITDA posted a profit of | 4.4...