Medanta posts 25 per cent jump in Q4 net profit at Rs 127 crore

By IANS | Published: May 17, 2024 06:13 PM2024-05-17T18:13:35+5:302024-05-17T18:15:05+5:30

New Delhi, May 17 Medanta Hospitals holding company Global Health Ltd on Friday reported a 25 per cent ...

Medanta posts 25 per cent jump in Q4 net profit at Rs 127 crore | Medanta posts 25 per cent jump in Q4 net profit at Rs 127 crore

Medanta posts 25 per cent jump in Q4 net profit at Rs 127 crore

New Delhi, May 17 Medanta Hospitals holding company Global Health Ltd on Friday reported a 25 per cent jump in net profit at Rs 127.3 crore for the January-March quarter of 2023-24 compared to the corresponding figure of Rs 101.8 crore in the same quarter of the previous financial year.

The Dr. Naresh Trehan-led healthcare major posted a 14 per cent increase in revenue from operations at Rs 808 crore during the fourth quarter compared to Rs 707 crore in the same quarter last year.

Global Health runs a super-specialty hospital Medanta Medicity in Gurugram which has 1,400-bed capacity.

The company also manages 150-bed hospitals each in Indore and Ranchi, and two hospitals in Lucknow and Patna.

Besides, the healthcare company is setting up another hospital in Noida.

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