diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index cbb10b8211..5392694585 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 74.1.2
+current_version = 74.1.3
 commit = True
 tag = True
 
diff --git a/NEWS.rst b/NEWS.rst
index 7b62a76e0c..94543403c6 100644
--- a/NEWS.rst
+++ b/NEWS.rst
@@ -1,3 +1,12 @@
+v74.1.3
+=======
+
+Bugfixes
+--------
+
+- Fix cross-platform compilation using ``distutils._msvccompiler.MSVCCompiler`` -- by :user:`saschanaz` and :user:`Avasam` (#4648)
+
+
 v74.1.2
 =======
 
diff --git a/pyproject.toml b/pyproject.toml
index f623e16445..7a8ae98603 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -5,7 +5,7 @@ backend-path = ["."]
 
 [project]
 name = "setuptools"
-version = "74.1.2"
+version = "74.1.3"
 authors = [
 	{ name = "Python Packaging Authority", email = "distutils-sig@python.org" },
 ]
diff --git a/setuptools/_distutils/_msvccompiler.py b/setuptools/_distutils/_msvccompiler.py
index 03653929a8..bf10ae2365 100644
--- a/setuptools/_distutils/_msvccompiler.py
+++ b/setuptools/_distutils/_msvccompiler.py
@@ -284,7 +284,7 @@ def initialize(self, plat_name=None):
                 f"--plat-name must be one of {tuple(_vcvars_names)}"
             )
 
-        plat_spec = _get_vcvars_spec(get_host_platform(), get_platform())
+        plat_spec = _get_vcvars_spec(get_host_platform(), plat_name)
 
         vc_env = _get_vc_env(plat_spec)
         if not vc_env: