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Cheviot Q3 Net Profit Jumps 400% YoY to ₹17.20 Cr; 9M Profit Surpasses FY25 Full Year
Cheviot Company reported a strong year-on-year performance for Q3 FY26, with net profit jumping nearly five-fold to ₹17.20 crore compared to ₹3.44 crore in the same quarter last year. Revenue from operations grew 28.5% YoY to ₹138.86 crore, although it saw a slight sequential decline from Q2. The bottom line was significantly bolstered by a turnaround in 'Other Income' to ₹8.30 crore, compared to a loss in the previous year's quarter. Notably, the nine-month profit of ₹60.75 crore has already exceeded the total audited profit for the entire previous financial year of ₹57.74 crore.
Key Highlights
Net Profit for Q3 FY26 surged to ₹1,719.55 Lakhs from ₹344.09 Lakhs in Q3 FY25.
Revenue from operations increased by 28.5% YoY to ₹13,886.18 Lakhs.
Earnings Per Share (EPS) rose sharply to ₹29.43 from ₹5.84 in the corresponding quarter last year.
Nine-month (9M FY26) net profit of ₹6,074.54 Lakhs has already exceeded the FY25 full-year profit of ₹5,774.19 Lakhs.
Other income turned positive at ₹829.72 Lakhs compared to a loss of ₹625.49 Lakhs in the year-ago period.
💼 Action for Investors
The stock is likely to react positively as the company has already surpassed its previous full-year profit in just nine months. Investors should monitor the sustainability of margins and the potential impact of the newly effective Labour Codes mentioned in the notes.