Narayana Hrudayalaya Q1 PAT grows 9% YoY to Rs 1,341 cr

03 Aug 2024

Narayana Hrudayalaya Q1 PAT grows 9% YoY to Rs 1,341 cr

India revenue stood at Rs 1,085.5 crore (up 9.7% YoY) and Cayman revenue (includes HCCI and EICL entities) was Rs 267.4 crore (up 4.8% YoY).

Consolidated EBITDA grew by 14.6% to Rs 327.4 crore in June 2024 quarter from Rs 285.8 crore in Q1 FY24. EBITDA margin improved to 24.4% in Q1 FY25 as against 23.% in Q1 FY24.

As on 30 June 2024, the total borrowings less cash & bank balance and current investments was Rs 154.9 crore, representing a net debt to equity ratio of 0.03 (out of which, debt worth $75 million is foreign currency denominated).

Dr. Emmanuel Rupert, managing director and group CEO, Narayana Hrudayalaya, commented: ““The first quarter of the new fiscal year has started with a robust performance. We are pleased to report the highest-ever revenue on a quarterly basis with profitability sustained at high levels, which is on account of improvement in realizations and increased patient footfalls.

The performance improvement is supported by strong growth in business across our flagship units, other hospitals, and steady improvements in the performance of our newer hospitals. HCCI continues to deliver strong performance on both revenue and profitability for the current quarter. NHIC has delivered another strong quarter of increased patient transactions. We are confident of delivering on our expectations for the new fiscal year.”

Narayana Hrudayalaya is one of the leading healthcare service providers in India, operating a chain of multispecialty, tertiary, and primary healthcare facilities. The company has a network of 18 hospitals and 3 heart centers across India along with overseas presence at Cayman Islands, with over 5,790 operational beds and a capacity of over 6,250 beds.

The scrip declined 1.84% to end at Rs 1,230.15 on Friday, 2 August 2024.

Top Blogs

blog-article-image-one

Share Market

What is the Bombay Stock Exchange?

10 mins read . Dec 9, 2024

blog-article-image-one

Share Market

Stocks Under 5 Rupees in India

13 mins read . Dec 9, 2024

blog-article-image-one

Share Market

Stocks Under 1000 Rupees in India

15 mins read . Dec 6, 2024

Open Demat Account
Verify your phone
+91
*By signing up you agree to our terms & conditions