Categories Earnings, Health Care, Research Summary

Narayana Hrudayalaya Q3FY23 Earnings Story

Affordable health care services are provided by Narayana Hrudayalaya Limited. There are several locations that make up its network of multispecialty and superspecialty hospitals.

Financial Results:

Consolidated total operating income increased by 17.5% year over year and decreased by 1.2% quarter over quarter to reach Rs 11,282 million for Q3 FY23 compared to Rs 9,598 mn in the same quarter last year.

Consolidated EBITDA totaled Rs 2,660 million, representing a margin of 23.6%, compared to Rs 1,819 mn in Q3 FY22, representing respective YoY growth and QoQ degrowth of 3.2% and 46.3%.

Consolidated PAT was Rs 1,539 million, a margin of 13.6% higher than Q3 FY 22’s Rs 975 mn, representing YoY growth of 57.7% and QoQ degrowth of 8.9%, respectively.

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