Yatharth Hospital Q1 Results: 73% YoY increase in profit to Rs 19 crore

Yatharth Hospital & Trauma Care Services Ltd, which debuted on the stock exchanges at a 2% premium over the issue price, recorded a 73% YoY growth in consolidated net profit at Rs 19 crore for the first quarter ended June 30, 2023. Profit increased by 10% sequentially.

During the quarter under review, operating revenue increased by 39% to Rs 154 crore, while EBITDA increased by 61% to Rs 41.4 crore. EBITDA margins increased 368 basis points to 26.8% in the first quarter.

Yatharth Hospital & Trauma Care Services Ltd is a private hospital in northern India that provides healthcare services.

The organization runs three super specialty hospitals in the Delhi NCR and recently purchased Ramraja Multispeciality Hospital and Trauma Centre in Orchha.

Source: Media Reports