Shalby Q1 Results Live : profit falls by 20.31% YOY

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.