Q3FY26 performance: ABDL's Consolidated revenue growth moderated to 3% to Rs1,003cr affected by impact of retail license auction in Telangana and price increase in Maharashtra. P&A sales volume grew by 17% mitigating the impact of 10% volume decline in volumes in Mass premium segment. Gross margins reported 351bps YoY improvement to 46.3% due to benign input prices and benefits of backward integration. EBITDA margins improved by 154bps YoY to 13.5%. The operating profit along with higher other income and lower interest cost led to 15%...