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

InternationalIndia-Belarus hold 8th round of Foreign Office Consultations, exchange views on matters of interest

National‘Model of grandeur’: CM Yogi Adityanath reviews Ayodhya Master Plan

NationalIndia aims 70 pc carbon emission cut per tonne of cargo by 2047: Sarbananda Sonowal

Entertainment"Bhaut izzat mili...": Sonakshi on making Telugu debut with 'Jatadhara', Shilpa Shirodkar also shares her experience

NationalBihar polls: Grand Alliance releases ‘Tejashwi’s Pledge’ manifesto

Business Realted Stories

BusinessLIC denies receiving or issuing documents cited in Washington Post report alleging external influence on investment decisions

BusinessIndia poised to emerge as global oil refining and energy hub: Hardeep Puri

BusinessKorean envoy hails India’s maritime vision, eyes new investment wave

BusinessIIP growth steady due to GST-related stocking, festive demand: Economists

BusinessIs Lenskart’s ₹70,000-Crore IPO Valuation Too High for Dalal Street?