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Rainbow Childrens Medicare Ltd Q2FY24; 14% rise in Profits

Rainbow Children’s Medicare Limited operates a multi-specialty pediatric, obstetrics, and gynecology hospital chain in India. The company offers a wide range of services such as newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care, obstetrics, and gynecology. It is country’s largest pediatric hospital chain with 16 hospitals spread across 6 cities.

Financial Results:

Rainbow Childrens Medicare Ltd reported Revenues for Q2FY24 of ₹319.00 Crores up from ₹298.00 Crore year on year, a rise of 7.05%.

Total Expenses for Q2FY24 of ₹242.00 Crores up from ₹226.00 Crores year on year, a rise of 7.08%.

Consolidated Net Profit of ₹64.00 Crores up 14.29% from ₹56.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.30, up 14.55% from ₹5.50 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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