
The company has reported a divergence between revenue and profit growth, with residential business performance creating a base effect due to its lumpy nature. Excluding residential operations, its core hospitality and commercial businesses delivered 11% year-on-year revenue growth. Shwetank Singh, MD & CEO, Chalet Hotels, explains how improved cost-control measures supported a 13% rise in EBITDA, while EBITDA margins expanded by nearly 110 basis points. He highlights the strong operational performance of the company's core businesses and its outlook for continued growth. The discussion also examines the impact of residential business on reported financial results.