Indian hospital chain firm Shalby falls after lower Q2 profit

Shalby

30/10/2024 07:35

** Shares of Shalby  SHAY.NS  fall 5% to 249 rupees
    ** Multi-specialty hospital chain operator posts ~87% Y/Y
fall in Q2 consolidated net profit, rev from ops up 12.4%
    ** Total expenses rose ~30% on higher raw materials costs
    ** Stock on track to snap two consecutive sessions of gains,
if trend holds
    ** Stock down 18% YTD

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com;))