Hospital chain Shalby Limited posted a standalone net profit at ₹24.16 crore for the second quarter ended September 30, as against ₹12.90 crore in the corresponding quarter a year ago.
Company’s standalone revenues from operations stood at ₹109 crore as against ₹126 crore in the same period last year. The operative expenses of the company came down in the quarter under review at ₹56 crore as against ₹70 crore in the corresponding quarter last year, company’s exchange filing showed.
Notably, there is a sharp recovery in company’s revenues for the September quarter over previous quarter of June 2020 - a significant part of which was under lockdown due to Covid-19. The standalone revenues from operations stood at ₹38 crore in the June 2020 quarter, and company posted net loss of ₹8.6 crore for the quarter.
On consolidated basis, net profit for the period stood at ₹24 crore as against ₹13 crore in the corresponding quarter last year. Consolidated revenues from operations stood at ₹116 crore as against ₹126 crore in the corresponding period last year.
Its shares ended at ₹99.80 on the BSE on Monday, 4.28% higher from previous close.