Aster DM Healthcare Q2 Profit Jumps to Rs 106 cr

Oct 24, 2024 16:39

Aster DM Healthcare reported a consolidated net profit of Rs 106 crore in the September quarter, a significant improvement from the previous year. Revenue also increased, driven by growth across core businesses and cost optimization.

Photograph: Kind courtesy Aster DM Health Care

New Delhi, Oct 24 (PTI) Aster DM Healthcare on Thursday reported a consolidated net profit of Rs 106 crore in the September quarter.

The company reported a net loss of Rs 15 crore in the July-September quarter of last fiscal.

Revenue from operations rose to Rs 1,086 crore for the second quarter against Rs 929 crore in the year-ago period, the company said in a statement.

"The steady growth across our core businesses, combined with strategic cost optimisation, has significantly strengthened our margins with H1FY25 operating EBITDA margins standing at 19.6 per cent, Aster DM Healthcare Founder and Chairman Azad Moopen said.

Shares of the company ended 10.10 per cent higher at Rs 442.95 apiece on the BSE.

Source: PTI

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Aster DM Healthcare Q2 Profit Jumps to Rs 106 cr

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