Shalby Shares Fall Over 6% After Q1 Earnings Announcement

Shalby Ltd.’s stock fell as much as 6.52% to Rs 290.25 per share on Monday, after the company announced its first quarter earnings for fiscal 2025.

Shalby's consolidated revenue from operations grew by 18.4% to Rs 279 crore in the June quarter versus Rs 235 crore in the same quarter in FY24. Despite growth in the top line, the hospital chain's profit-after-tax YoY stood at Rs 14.7 crore from Rs 20.8 crore in Q1 of the previous fiscal and is down by 29%.

The company also reported a consolidated debt of Rs 168 crore as of June. Margin was down by 2.1% on a consolidated YoY basis.

Shalby Hospitals has a presence in 13 cities, an implant manufacturing facility in California, USA, and a distribution facility in India and Southeast Asian countries.

Shares of the company closed 4.35% lower at Rs 297 apiece, as compared with a 0.01% decline in the NSE Nifty 50.