Net Revenue grew by +62% YoY / +23% QoQ to Rs20.4bn, above our consensus estimates. Domestic revenue grew +45% YoY / +23% QoQ to Rs1.1bn on account of higher volume from domestic tractor and M&HCV; goods segment. Export revenue grew +65% YoY / +23% QoQ to Rs932mn led by robust demand in NA class 8 market. Top-line performance driven by volume growth of tractor and NA Class 8 volumes. Tractor sales volume for the industry grew +44% YoY/ -4% QoQ to 170,847 units. NA Class 8 orders grew +104% YoY / +28% QoQ to 136,200 units. Gross margin for the quarter declined -380 bps QoQ due to higher RM cost. RM cost for the quarter...