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Artemis Medicare Services Ltd Q1FY24; 14% rise in Profits

Artemis Medicare Services Ltd (AMSL) was incorporated on 2004, by the promoters of the Apollo Tyres Group, is engaged in healthcare business. AMSL operates a 318-bedded multi-specialty tertiary care hospital in Gurgaon. It has specialization in various segments like Orthopedics & Joint Replacement, Oncology, Cardiovascular, Neurosciences and Bariatric & Minimally Invasive Surgery. AMSL has been awarded with the NABH accreditation.

Financial Results:

Artemis Medicare Services Ltd reported Revenues for Q1FY24 of ₹201.19 Crores up from ₹163.47 Crore year on year, a rise of 23.07%.

Total Expenses for Q1FY24 of ₹189.03 Crores up from ₹154.57 Crores year on year, a rise of 22.29%.

Consolidated Net Profit of ₹9.94 Crores up 14.25% from ₹8.70 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.73, up 12.31% from ₹0.65 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Healthcare
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