URL copied to clipboard

Trending News

Aster DM Healthcare Q2 Results Soar: Discover About 85% Net Profit Increase & 11% Stock Jump!

Aster DM Healthcare's Q2 results revealed an 85% rise in net profit to ₹108 crore and a 16% revenue increase to ₹1,086 crore, boosting stock by 11%.
Aster DM Healthcare Q2 Results Soar: Discover About 85% Net Profit Increase & 11% Stock Jump!

Aster DM Healthcare’s Q2 results show an 85% surge in net profit, hitting ₹108 crore, with a 16% increase in revenue to ₹1,086 crore. This growth sparked an 11% rise in stock prices, indicating strong investor confidence in the company’s performance.

Alice Blue Image

The company’s EBITDA for Q2 saw a 48% surge to ₹233 crore, with the operating EBITDA margin expanding to 21.4% from 16.4% last year. Additionally, the net profit margin improved significantly to 8.9%, up from 5.4%.

Also Read: Rupee Rises Slightly From Record Low – Read More!

In the first half of FY25, Aster DM Healthcare’s revenue from its hospitals and clinics business increased by 20% YoY to ₹2,019 crore. However, the labs and pharmacies segment experienced a 7% decline, bringing in ₹130 crore.

The EBITDA from the hospitals and clinics segment rose 41% YoY to ₹453 crore in H1FY25. Net profit in this segment also grew robustly by 64% YoY to ₹267 crore, with a return on capital employed (RoCE) of 24%.

Also Read: Freshara Agro Ltd Debuts with 16.3% Premium, Read More!

The company maintained its hospital count at 19 but increased its total bed capacity to 4,994, reflecting a slight growth. Outpatient volume also rose by 14% YoY, totaling 1.7 million in H1FY25.

Alice Blue Image

Looking ahead, Aster DM Healthcare plans to expand its bed capacity by an additional 1,800 beds by FY27, aiming for a total of 6,800 beds to accommodate growing demand. Founder Azad Moopen highlighted the growth driven by increased occupancy and revenue per bed.

Loading
Read More News
Sagility India Ltd IPO ने दूसरे दिन 0.52x सब्सक्रिप्शन के साथ मजबूत शुरुआत की, अधिक जानकारी यहां पढ़ें!

Sagility India Ltd IPO ने दूसरे दिन 0.52x सब्सक्रिप्शन के साथ मजबूत शुरुआत की, अधिक जानकारी यहां पढ़ें!

Sagility India IPO को दूसरे दिन मिश्रित मांग मिली, जिसमें RII द्वारा 2.24x और कर्मचारियों द्वारा 2.44x सब्सक्रिप्शन हुआ। NIIs