Hot Pursuit     28-Jun-23
Shalby gains on inking pact with Divine Super Specialty Hospital
Shalby jumped 5.90% to Rs 177.70 after the company has signed an agreement with Divine Super Specialty Hospital to establish a Franchise‐Owned Shalby‐Managed (FOSM) hospital in Ranchi.
Divine Super Specialty Hospital is a leading hospital in Ranchi having capacity of 60 beds. This strategic collaboration marks an important milestone in the company's franchise business plans and signifies commitment to delivering quality healthcare services to the people of in and around Ranchi.

As per the terms of the agreement, the company will provide their expertise, operational guidance, specialist doctor services, supply chain and learning & development support to facilitate the establishment and smooth functioning of the hospital. Divine Super Specialty Hospital (Franchisee) will be responsible for the day‐to‐day operations of the hospital.

The company stated in regulatory filing that its partnership with Divine Super Specialty Hospital will leverage its extensive experience and excellent reputation in the healthcare industry to meet demand effectively.

Shalby is a company engaged in healthcare delivery space and listed with bourses in India. The company operates as a chain of multispecialty hospitals across India. The business of the company is to offer tertiary and quaternary healthcare services to patients in various areas of specialization such as orthopedics, complex joint replacements, cardiology, neurology, oncology, renal transplantations etc.

The company's consolidated net profit jumped 36.1% to Rs 13.90 crore on 22.4% increase in net sales to Rs 198.98 crore in Q4 FY23 over Q4 FY22.

Previous News
  Sensex, Nifty hit new life highs; auto shares in demand
 ( Market Commentary - Mid-Session 20-Sep-24   11:32 )
  Shalby consolidated net profit rises 19.42% in the March 2024 quarter
 ( Results - Announcements 28-May-24   15:31 )
  Shalby consolidated net profit declines 29.24% in the June 2024 quarter
 ( Results - Announcements 08-Jul-24   17:15 )
  Shalby announces board meeting date
 ( Corporate News - 01-Jul-24   10:06 )
  Shalby consolidated net profit rises 266.01% in the September 2019 quarter
 ( Results - Announcements 13-Nov-19   16:46 )
  Shalby reports consolidated net profit of Rs 9.81 crore in the March 2021 quarter
 ( Results - Announcements 05-May-21   17:48 )
  Shalby gains on receiving license for Bone Bank from Govt of Gujarat
 ( Hot Pursuit - 20-Sep-24   10:17 )
  Shalby consolidated net profit rises 70.62% in the September 2022 quarter
 ( Results - Announcements 19-Oct-22   08:31 )
  Shalby to table results
 ( Corporate News - 28-Apr-21   10:21 )
  Board of Shalby appoints director
 ( Corporate News - 19-Oct-22   09:30 )
  Shalby
 ( Results - Analysis 27-Oct-23   18:25 )
Other Stories
  Avantel Q2 PAT jumps 42% YoY to Rs 23 cr
  05-Oct-24   17:03
  Equitas SFB total deposits jump 29% YoY in Q2 FY25
  05-Oct-24   16:28
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
Back Top