Medanta posts 25 per cent jump in Q4 net profit at Rs 127 crore
Friday - May 17, 2024 7:43 am ,
Category : BUSINESS
Medanta posts 25 per cent jump in Q4 net profit at Rs 127 crore
New Delhi, May 17 (IANS) 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.--IANSsps/pgh
(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)