Shalby shares drop over 2% as Q1 net profit falls 43% YoY to Rs 8.9 crore, Ebitda down 8% YoY
Shalby shares witnessed a decline of over 2% in early trading after the company reported its Q1 results, reflecting a mixed performance in the first quarter of the year. As of 10:11 AM, the shares were trading 1.43% lower at Rs 205.38.
The company posted a modest 6.3% year-on-year growth in consolidated revenue, which rose to Rs 296 crore from Rs 279 crore in the same period last year. However, this revenue growth was overshadowed by a decline in profitability, as the company's EBITDA fell by 8% to Rs 41.5 crore compared with Rs 45.1 crore in the previous year, leading to a contraction in EBITDA margin to 14% from 16.2%.
Net profit saw a sharp drop of 43%, coming in at Rs 8.9 crore versus Rs 15.7 crore in Q1 last year.
In terms of trading performance, Shalby shares opened at Rs 200.02 and touched an intraday high of Rs 207.00, while the day's low was Rs 200.02. Over the past 52 weeks, the stock has traded between a low of Rs 177.25 and a high of Rs 297.90.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
6 hours ago
- Business Upturn
US President Donald Trump lands in Anchorage ahead of high-stakes talks with Russian President Vladimir Putin
By Aditya Bhagchandani Published on August 16, 2025, 00:02 IST United States President Donald Trump arrived in Anchorage, Alaska, on Friday ahead of his first meeting with Russian President Vladimir Putin since 2019. The summit, scheduled for 11:00 am local time at Joint Base Elmendorf-Richardson, is aimed at exploring potential steps toward ending the Ukraine war. Speaking aboard Air Force One before landing, Trump warned he 'would walk if the meeting doesn't go well.' He reiterated the position in an earlier interview with Fox News' Bret Baier, stating the US would not conduct business with Russia unless Moscow agreed to end the fighting in Ukraine. The talks are expected to focus on security guarantees for Ukraine, arms control, and broader US-Russia relations. Trump has suggested land swaps as a possible peace solution, though the idea has not gained support from Kyiv or its European allies. The Kremlin has indicated the meeting could last up to seven hours, underscoring its scope and complexity. This encounter marks the most significant direct engagement between the two leaders in years, with both sides under pressure to demonstrate tangible progress toward peace. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
6 hours ago
- Business Upturn
Trump's one-on-one meeting with Putin no longer happening, instead turning into high-stakes three-on-three: Report
By Aditya Bhagchandani Published on August 16, 2025, 00:08 IST United States President Donald Trump's anticipated one-on-one meeting with Russian President Vladimir Putin will now be held in a three-on-three format, US media reported on Friday. Special Envoy Steve Witkoff and Secretary of State Marco Rubio will join Trump at the table, while the composition of the Russian delegation remains unclear. Trump arrived in Anchorage, Alaska, earlier in the day ahead of his first face-to-face talks with Putin since 2019. The summit, scheduled for 11:00 am local time at Joint Base Elmendorf-Richardson, is aimed at exploring potential steps toward ending the Ukraine war. Speaking aboard Air Force One before landing, Trump warned he 'would walk if the meeting doesn't go well.' He reiterated the stance in an earlier interview with Fox News' Bret Baier, saying the US would not conduct business with Russia unless Moscow agreed to end the fighting in Ukraine. The discussions are expected to cover security guarantees for Ukraine, arms control, and broader US-Russia relations. Trump has floated the idea of land swaps as a possible peace solution, but the proposal has found little support in Kyiv or among European allies. The Kremlin has indicated the meeting could last up to seven hours, underlining its scope and complexity. This engagement is seen as the most significant direct contact between the two leaders in years, with both sides under pressure to deliver tangible progress toward peace. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
6 hours ago
- Business Upturn
US Secretary of State Marco Rubio, Special Envoy Steve Witkoff to join Trump-Putin meeting
By Aditya Bhagchandani Published on August 16, 2025, 00:27 IST United States Secretary of State Marco Rubio and Special Envoy Steve Witkoff will join the high-profile meeting between US President Donald Trump and Russian President Vladimir Putin, White House Press Secretary Karoline Leavitt confirmed aboard Air Force One on Friday. The summit, originally planned as a one-on-one discussion between the two leaders, will now take place in a 'three-on-three' format, with Rubio and Witkoff joining Trump on the American side. The Russian delegation's representatives for the revised format have not yet been disclosed. The meeting is set for 11:00 am local time at Joint Base Elmendorf-Richardson in Anchorage, Alaska — the first face-to-face encounter between Trump and Putin since 2019. It is expected to address security guarantees for Ukraine, arms control, and the overall trajectory of US-Russia relations. Following the smaller format talks, broader negotiations between the American and Russian delegations are scheduled to take place, underscoring the summit's significance in ongoing efforts to find a resolution to the Ukraine conflict. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
