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Artemis Medicare Services Ltd Q2FY24; 40% 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 Q2FY24 of ₹217.00 Crores up from ₹182.00 Crore year on year, a rise of 19.23%.

Total Expenses for Q2FY24 of ₹200.00 Crores up from ₹170.00 Crores year on year, a rise of 17.65%.

Consolidated Net Profit of ₹14.00 Crores up 40.0% from ₹10.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.01, up 38.36% from ₹0.73 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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