Categories AlphaGraphs, Earnings

Fortis Healthcare Ltd Q4FY24; 47% rise in Profits

FHL was incorporated in February 1996. The company’s first healthcare facility became operational in Mohali, Punjab in 2001. It is a leading integrated healthcare service provider in India. The healthcare verticals of the company primarily comprise hospitals, diagnostics and day care specialty facilities. Currently, the company operates its healthcare delivery services in India, Nepal, Dubai and Sri Lanka with 36 healthcare facilities with approximately 4,000 operational beds.

Financial Results:

Fortis Healthcare Ltd reported Revenues for Q4FY24 of ₹1,786.00 Crores up from ₹1,643.00 Crore year on year, a rise of 8.7%.

Total Expenses for Q4FY24 of ₹1,532.00 Crores up from ₹1,486.00 Crores year on year, a rise of 3.1%.

Consolidated Net Profit of ₹203.00 Crores up 47.1% from ₹138.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.37, up 34.66% from ₹1.76 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.

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