*Sanstar Ltd.* | *CMP* Rs. 98 | *M Cap* Rs. 1793 Cr | *52 W H/L* 159/79 (Nirmal Bang Retail Research) *Result is declining* Revenue from Operations came at Rs. 226.3 Cr (6.4% QoQ, -11.5% YoY) vs QoQ Rs. 212.7 Cr, YoY Rs. 255.6 Cr EBIDTA came at Rs. -0.5 Cr (-102.5% QoQ, -102.1% YoY) vs QoQ Rs. 20.2 Cr, YoY Rs. 23.8 Cr EBITDA Margin came at -0.2% vs QoQ 9.5%, YoY 9.3% Adj. PAT came at Rs. 5.5 Cr vs QoQ Rs. 14.3 Cr, YoY Rs. 16.2 Cr Quarter EPS is Rs. 0.3 Stock is trading at P/E of 40.9x TTM EPS