Shalby dips 2% on logging Q4 loss of Rs17cr - A snippet!

Post result announcement, Shalby stock ended down 1.72% at Rs65.85 per piece on Sensex.

Jun 17, 2020 04:06 IST India Infoline News Service

Shalby Hospital
The healthcare service provider, Shalby Limited, on Wednesday recorded a consolidated net loss of Rs17.1cr during March 2020 (Q4FY20) quarter, compared to a net profit of Rs3.2cr in the corresponding period of the previous year. The company had posted a net profit of Rs8.1cr in the preceding quarter.

Consolidated revenue from operations was at Rs10.88cr in the quarter against Rs11.34cr in Q4FY19 and Rs12.07cr in Q3FY20.

Due to the temporary suspension of services of elective surgeries and travel restrictions of overseas patients, business operations of the Shalby is expected to be lower in the short term, though the same is not likely to have a continuing impact on the business of the company.

Post result announcement, Shalby stock ended down 1.72% at Rs65.85 per piece on Sensex.

The stock also touched an intraday high and low of Rs66.60 per piece and Rs64.65 per piece respectively.

Overall, in FY20, the company's net profit and revenue stand at Rs27.5cr and Rs48.68cr compared to Rs31.6cr and Rs46.22cr of FY19.

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