Highest ever quarterly revenue is largely attributable to the more number of vehicles sold, almost 50% more YoY in Q1FY25, that coupled with taxes results in a bigger revenue number, though growth is miniscule but still some improvement.
EBITDA is improving QoQ, from (-14%) to around (-8%) and will not compare it with yearly figures as they did not slash their prices as they did recently plus the customer was much more EV averse at that time than it is now, which bodes well for breakeven sooner.
Market share is hovering around 50% since April, when it was more than 50% then and somewhat lower now.
@Diligent IPO Learner