Q2 Max Healthcare net profit triples to Rs 457 crore.
- On Tuesday, Max Healthcare recorded a three-fold increase in second-quarter consolidated net profit to Rs 457.35 crore from Rs 144.65 crore.
- A regulatory filing indicated the healthcare provider’s July-September income from operations was Rs 1,137.12 crore, up from Rs 1,019.26 crore.
- Its overall costs rose to Rs 897.72 crore from Rs 860.09 crore in the year-ago quarter.
- Chairman and MD of Max Healthcare Institute Ltd, Abhay Soi, said: “The performance for Q2 FY23 is as per our expectations and reflects the focus on execution across the organisation in line with our articulated strategy. Healthcare sector in general and Max Healthcare in particular are making significant investments over the next 4-5 years leading to huge employment opportunities and a multiplier effect on GDP.”