Blue Jet Healthcare Q1 profit and revenue decline, shares fall 5%
Author: CNBC-TV18 Markets·
Key Takeaways
- •Blue Jet Healthcare said both profit and revenue declined in the June quarter.
- •Revenue from operations fell 17.4% year-on-year to ₹293 crore from ₹355 crore.
- •The quarterly filing showed lower earnings and weaker top-line performance than a year earlier.
- •The company’s shares dropped 5% in trading after the results were announced.
Blue Jet Healthcare reported a decline in both profit and revenue in the June quarter, sending its shares down 5% in trading.
The company’s revenue from operations fell 17.4% year-on-year to ₹293 crore, compared with ₹355 crore a year earlier.
Blue Jet Healthcare’s quarterly results indicated lower earnings and top-line performance from the same period last year.
For readers tracking quarterly updates, the filing adds another data point on how the company is performing in the current earnings cycle, with the share move reflecting an immediate market response to the latest numbers.
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