Cheviot Financial Performance Update

* Strong profit growth:

reported Q1 net profit of ₹45.3 crore, up 58% YoY from ₹28.7 crore, reflecting a sharp improvement in bottom-line performance. * EBITDA rises, but margins contract: Q1 EBITDA increased 6% YoY to ₹21.1 crore from ₹19.9 crore, while EBITDA margin declined to 12.36% from 16.6% a year ago, indicating margin pressure despite higher operating earnings. * Key takeaway: The quarter was marked by robust earnings growth, but the sharp decline in operating margin suggests higher input costs and/or a weaker operating mix, which investors are likely to monitor in the coming quarters.