MSIL sold 521,868 vehicles during Q1FY25, growing by 4.8% YoY / (-10.6% QoQ).For Q1FY25 revenue stood at INR 357,794 Mn, up 10.0% YoY/ (-7.0% QoQ). Revenue was 2.7% higher than our estimate, as the average realization was up by 4.8% YoY/ 3.3% QoQ.