KR Choksey Securities Revenue will see sharp recovery of 34 per cent YoY / 4 per cent QoQ on the back of volume growth of 28 per cent YoY at 492,235 units. PAT is likely to grow 51 per cent YoY to Rs 1,948.9 crore (Rs 1,996.7 crore in the December 2020 quarter). Ebitda margin is pegged at 9.5 per cent in Q4FY21 versus 8.4 per cent in the previous corresponding fiscal and 9.4 per cent in Q3FY21. Maruti stock performance Average selling price is expected to rise by about 3-5 per cent YoY due to rise in product prices, better product mix and lower discounts offered during the quarter.