Metropolis Healthcare Limited is one of the leading Indian diagnostics companies. The Company owns a chain of diagnostic centres across India, South Asia, Africa and the Middle East. It will report first-quarter 2024 earnings on 2nd August, 2023. The company will most likely provide business updates for the first quarter.
Listen to Metropolis Healthcare’s Q1 earnings call live and check real-time transcript
Analysts believe that owing to summer vacations, Q1 is historically the worst quarter for businesses with a bigger market share in West India. Like in previous years, Q1’s lower revenue growth combined with a little Y-o-Y expense rise has an impact on operating margins, making it the quarter with the lowest margin out of all the quarters in a fiscal year.
Metropolis Healthcare Ltd reported Revenues for Q4FY23 of ₹283.00 Crores a fall of 7.52% on an YoY basis. Total Expenses for Q4FY23 saw a fall of 5.49% on an YoY basis. Consolidated Net Profit of ₹33.00 Crores down 17.5% in the same quarter of the previous year.