Hubtown Q1 Consolidated Profit Slips 68%, Unveils US$150M FCCB Plan

Q1 FY27 Consolidated Results YoY: Revenue at 156 Cr vs 187 Cr, down 17.0%. EBITDA at 75.3 Cr vs 88.4 Cr, down 14.9%. EBITDA Margin at 48.4% vs 47.2%, expansion of 120bps; includes unprovided interest of 5.3 Cr, which also inflated PAT. PAT at 26.6 Cr vs 82.2 Cr, down 67.7%. Other expenses grew 35.9% despite revenue declining 17.0%. Board approved raising up to US$150 million through optionally convertible FCCBs or other equity-linked securities via private placement, subject to shareholder and regulatory approvals, creating potential dilution and funding uncertainty.