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Indraprastha Medical Corporation Ltd Q1FY24; 50% rise in Profits

Incorporated in 1988 as a JV between Apollo Hospitals Enterprise Ltd. (AHEL) and the Delhi Government, Indraprastha Medical Corporation Ltd. is a super speciality tertiary care hospital in New Delhi. The Co. currently has 52 speciality departments.

Financial Results:

  • Indraprastha Medical Corporation Ltd reported Revenues for Q1FY24 of ₹307.00 Crores up from ₹263.00 Crore year on year, a rise of 16.73%.
  • Total Expenses for Q1FY24 of ₹270.00 Crores up from ₹237.00 Crores year on year, a rise of 13.92%.
  • Consolidated Net Profit of ₹30.00 Crores up 50.0% from ₹20.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹3.33, up 50.68% from ₹2.21 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: Hospital
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