Shalby Q1 Results Live : profit falls by 20.31% YOY | Mint

WhatsApp Group Join Now
Telegram Group Join Now

Shalby Q1 Results Live : Shalby announced their Q1 results on 08 Jul, 2024, showing a growth in revenue by 18.43% year-over-year.

However, the profit decreased by 20.31% compared to the same quarter last year.

In comparison to the previous quarter, the company saw a 14.19% increase in revenue but a marginal 0.01% decrease in profit.

The Selling, general & administrative expenses went up by 12.32% quarter-over-quarter and 14.41% year-over-year.

Operating income showed a significant increase of 29.54% quarter-over-quarter but a decline of 3.37% year-over-year.

The Earnings Per Share (EPS) for Q1 was reported at 1.37, marking a 29.38% decrease year-over-year.

Shalby’s stock performance in the last week delivered a return of 8.96%, while showing negative returns of -0.34% in the last 6 months and -1.92% year-to-date.

The company currently holds a market capitalization of 3181.47 Cr with a 52-week high/low of 339.5 & 176.15 respectively.

Out of the 2 analysts covering Shalby as of 09 Jul, 2024, 1 analyst rated it as Buy and 1 analyst rated it as Strong Buy.

The consensus recommendation as of 09 Jul, 2024, stood at Strong Buy.

Stay updated on quarterly results with our results calendar
WhatsApp Group Join Now
Telegram Group Join Now