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Rashi Peripherals delivered robust Q1 financial results. Profit After Tax grew 12% YoY to ₹61.7 Cr, while EBITDA surged 23% YoY to ₹111.4 Cr. Revenue stood at ₹3,152.1 Cr, reflecting 11.4% YoY growth when excluding a significant one-off project business from last year. This performance was boosted by operational efficiencies, yielding a strong 3.53% EBITDA margin. Key operational highlights include multiple-fold growth in surveillance business, increasing penetration in AI solutions, and adding 4 new brands. The company continues its market expansion, especially in Tier-2 and Tier-3 cities.