HomeBusinessQ2 Max Healthcare net profit triples to Rs 457 crore.

Q2 Max Healthcare net profit triples to Rs 457 crore.

Published on

spot_img
  • 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.”

Latest articles

Adani Group plans $84 billion in the next 10 years : CFO

Adani Group plans to invest Rs 7 trillion ($84 billion) in infrastructure over the...

Indian banks set 10-year record with 123,000 hirings in FY23

Indian banks experienced a notable surge in hiring during FY23, reaching a decade-high in...

Ahead of IPO, Mamaearth sold excess stock of its products to distributors

Honasa Consumer, the parent company of Mamaearth, distributed excess stock through its offline supply...

CarDekho acquires Revv to enter car rental space

CarDekho, an autotech unicorn, acquired Revv, a self-drive car rental service. Revv's services will be...

More like this

Adani Group plans $84 billion in the next 10 years : CFO

Adani Group plans to invest Rs 7 trillion ($84 billion) in infrastructure over the...

Indian banks set 10-year record with 123,000 hirings in FY23

Indian banks experienced a notable surge in hiring during FY23, reaching a decade-high in...

Ahead of IPO, Mamaearth sold excess stock of its products to distributors

Honasa Consumer, the parent company of Mamaearth, distributed excess stock through its offline supply...