BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct Report
Shalby Ltd.’s Q2 FY21 results were better than expectations on all fronts.
Revenues grew 201% QoQ to Rs 115.6 crore (Rs 38.4 crore in Q1 FY21) on the back of a revival in patient footfalls, higher surgeries count, better occupancy.
Ebitda margins were at 25.5% versus -12.6% in Q1 due to better overall operational performance QoQ stemming from cost rationalisation measures.
Hence, Shalby posted Ebitda of Rs 29.5 crore (versus Ebitda loss of Rs 4.8 crore in Q1).
Profit after tax for the quarter was at Rs 24.5 crore versus a loss of Rs 8.7 crore in Q1 FY21.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR