Categories Earnings, Health Care, Research Summary

Shalby Limited Q3FY23 Earnings Story

Shalby Ltd. is a leading chain of multispecialty hospitals and tertiary care centers in India. In the Hospital business, the company possesses 11 multispeciality hospitals with close to 2060+ beds. The company also operates in the knee and hip implant manufacturing business which is located in California, USA. Additionally, the company has forayed into the home care services segment to provide healthcare services to patients at the comfort of their own home.

Financial Results:

Shalby Ltd.‘s revenues in Q3FY23 rose 25% to ₹ 2,067 millions. Consolidated Profit After Tax came at ₹ 153 millions showcasing an 18% rise YoY over the corresponding period. In this quarter’s press release, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3FY23.

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