Indraprastha Medical Corporation Ltd, incorporated in 1988 as a joint venture between Apollo Hospitals Enterprise Ltd and the Delhi Government, operates a super speciality tertiary care hospital in New Delhi with 52 speciality departments.
Financial Highlights:
- Revenues increased 8.86% year-on-year to ₹381 crore from ₹350 crore.
- Total expenses rose 8.03% to ₹323 crore from ₹299 crore.
- Consolidated net profit grew 16.67% to ₹49 crore from ₹42 crore.
- Earnings per share improved 16.63% to ₹5.40 from ₹4.63.
Healthy profit growth was supported by higher patient volumes and operating leverage, with expense growth contained slightly below revenue growth, aiding margin improvement.
Outlook:
Indraprastha Medical Corporation Ltd aims to enhance capacity utilization, strengthen high-value specialities, and improve clinical mix to drive sustainable profitability.
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