Consolidated net Revenue grew by +107% YoY / -6% QoQ to Rs5.6bn, above our estimates. Top line performance was driven by volume growth of M&HCV; goods segment led by favorable base effect of GST last year. Production volume of M&HCV; goods segment increased +146%YoY to 95,847 units. Gross margin for the quarter declined -90 bps QoQ due to higher RM cost. RM cost for the quarter increased +117% YoY / -7% QoQ to Rs3.5 bn. EBITDA margin improved +220 bps YoY/ -160 bps...