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30-Oct-2023

Shalby

Launch of new products, better payor mix, strong implant business and addition of new territories to augment growth


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Shalby hosted a conference call on Oct 30, 2023. In the conference call the company was represented by- Dr. Vikram Shah, Chairman and Managing Director,  Mr. Sushobhan Dasgupta, Vice Chairman & Global President,  Mr. Shanay Shah, President and Mr. Amit Pathak, Chief Financial Officer.

Key takeaways of the call

Company’s hospital business revenue grew by 22% YoY in Q2 FY23.

In Q2 FY24, Arthroplasty contributed 42% to total revenue, Critical Care & General Medicine 11%, Cardiac Science 8%, Oncology 11%, Orthopaedic 7%, Neurology 5%, Nephrology 5% and Others 12%.

Company is well placed to achieve double-digit growth in the hospital sector while maintaining consistent profitability driven by launch of new products, increase in new accounts, and addition of new territories.

Company’s core specialties like Arthroplasty, Oncology, Cardiac Science, Orthopedi...



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