(IDBI Cap. Est: Rs45.4bn; Consensus Est: Rs45.5bn), led by +20% YoY / -9% QoQ growth in volumes and better realizations. Net realization for the quarter increased +2.7% QoQ which was impacted by price hike of ~0.6% taken by the company during the quarter. With the recent safety regulation models are getting migrated to new refreshes which also helped to improve the overall realization. Gross margin remained flat QoQ to 24.2%. EBITDA margin for the quarter remained flat YoY / -50 bps QoQ to 8.1% (IDBI Cap. Est: 7.8%; Consensus Est: 7.9 %). Other expenses increased +1.7% YoY / -3.6% QoQ to Rs5.1bn. Other income declined -85% YoY/ -12%...