that are in-line with our estimates. Revenues grew 24% y-o-y to Rs 8,564 cr on the back of a strong 23% volume growth led by strong traction in the rural demand and low base of the corresponding quarter last year. Realisation/ vehicle remained was flat on a y-o-y basis. EBIDTA margins improved 220 bps y-o-y to 16% (in-line with our estimate of 16%) on a low margin...