Shares of Cheviot Company Ltd dropped over 8% in Friday’s session after the company reported a significant decline in its Q3FY25 financial performance.
The company’s net profit fell 80.8% YoY to ₹3.44 crore in Q3FY25 from ₹17.92 crore in the corresponding quarter last year. The decline in profitability was driven by weaker margins and higher expenses.
Despite the sharp fall in profit, net sales grew by 9.82% YoY to ₹108.07 crore compared to ₹98.41 crore in Q3FY24.
At the operational level, EBITDA dropped 67.24% YoY to ₹7.58 crore, down from ₹23.14 crore in the same period last year. The EBITDA margin contraction further impacted earnings.
Additionally, the company’s EPS (Earnings Per Share) fell to ₹5.84 in December 2024 from ₹29.78 in December 2023, reflecting a substantial decline in shareholder returns.
Following the results, Cheviot’s stock fell 8.14% to ₹1,082.00, down from its previous close of ₹1,177.90.
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