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Shalby reports 89% rise in Q2 consolidated net profit

13 Oct 2020 Evaluate

Shalby has reported results for second quarter ended September 30, 2020.

The company has reported 87.29% rise in net profit of Rs 24.16 crore for the quarter under review as compared to net profit of Rs 12.90 crore for the same quarter in the previous year. However, total income of the company reported 12.92% fall at Rs 111.82 crore for Q2FY21 as compared Rs 128.41 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 89.40% rise in its net profit attributable to shareholders of Rs 24.47 crore for the quarter under review as against net profit of Rs 12.92 crore for the same quarter in the previous year. However, total income of the company reported 8.17% fall at Rs 117.98 crore for Q2FY21 as compared Rs 128.48 crore for the corresponding quarter previous year.

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