City
Epaper

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

By IANS | Updated: May 17, 2024 18:15 IST

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

Open in App

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.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalDelhi’s Radisson Blu Hotel Catches Fire at Midnight as Sauna Room Engulfed in Flames (Watch Video)

MaharashtraMaharashtra: Minor Dies of Electric Shock After Touching AC Wire in Nallasopara Society

International"Peace, stability across Taiwan Strait important for international community": Japan's Foreign Minister

International11 Chinese aircraft, 7 naval vessels, 1 ship detected near Taiwan

InternationalSpain issues red alert for heavy rain in Catalonia

Business Realted Stories

BusinessBillionaires gather in Sun Valley in US for Allen & Co.'s annual conference

BusinessAssam CM inaugurates nation's first ever Aqua Tech Park at Bagibari Sonapur

BusinessDonald Trump announces 30% import tariffs on EU and Mexico over trade and border issues

BusinessIndia Poised to Become Global Air Cargo Hub - ACFI & ASCELA Insights Chart Roadmap for 2030 in its Knowledge Paper

BusinessOne World Fusion 2025: A Musical Evening for a Cause by Abhijeeth Bhattacharjee Prodyut Mukherjee Sangitanjaly Foundation