Medanta Q2 Profit Rises 21% to Rs 158 Cr
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Medanta reports a 21% increase in Q2 net profit to Rs 158 crore. Revenue rises to Rs 1,099 crore. Shares ended down 2.25% on the BSE.
New Delhi, Nov 7 (PTI) Global Health Ltd, which operates hospitals under the Medanta brand, on Friday reported a 21 per cent year-on-year increase in its profit after tax to Rs 158 crore in the September quarter.
The healthcare provider posted a profit after tax (PAT) of Rs 131 crore in the July-September quarter of the last fiscal.
Revenue from operations rose to Rs 1,099 crore for the second quarter as against Rs 957 crore in the year-ago period, Global Health Ltd said in a statement.
Medanta Group CEO and Director Pankaj Sahni said growth momentum remained broad-based across its network during the September quarter.
Shares of the company on Friday ended 2.25 per cent down at Rs 1,251.45 apiece on the BSE.
The healthcare provider posted a profit after tax (PAT) of Rs 131 crore in the July-September quarter of the last fiscal.
Revenue from operations rose to Rs 1,099 crore for the second quarter as against Rs 957 crore in the year-ago period, Global Health Ltd said in a statement.
Medanta Group CEO and Director Pankaj Sahni said growth momentum remained broad-based across its network during the September quarter.
Shares of the company on Friday ended 2.25 per cent down at Rs 1,251.45 apiece on the BSE.
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