Chalet Hotels Delivers Record Q4; Target Price Raised

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posted its strongest-ever quarterly results in Q4, with revenue surpassing ₹5,000 crore for the first time. The company reported 25% YoY revenue growth, 32% rise in EBITDA, and 60% surge in PBT. EBITDA margin hit a record 46.3%, driven by cost efficiency and a richer revenue mix. Nirmal Bang has maintained a 'Buy' rating and raised its target price.