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Medplus Health Services Ltd Q1FY24; 2% rise in Profits

India’s Leading Pharmacy company MedPlus Health Services is the second-largest pharmacy retailer in India in terms of revenue and number of stores. The company has 2,165 stores across the states of Telangana (443 stores), Andhra Pradesh (274 stores), Karnataka (520 stores), Tamil Nadu (458 stores), West Bengal (201 stores), Maharashtra (186 stores), and Odisha (83 stores) as on Q1FY22.

Financial Results:

Medplus Health Services Ltd reported Revenues for Q1FY24 of ₹1,284.30 Crores up from ₹993.65 Crore year on year, a rise of 29.25%.

Total Expenses for Q1FY24 of ₹1,288.64 Crores up from ₹998.92 Crores year on year, a rise of 29.0%.

Consolidated Net Profit of ₹3.77 Crores up 2.45% from ₹3.68 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.32, up 18.52% from ₹0.27 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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