Latest News | Narayana Hrudayalaya Q2 Net Up 71 Pc at Rs 169 Cr
Get latest articles and stories on Latest News at LatestLY. Narayana Hrudayalaya on Wednesday reported a 71 per cent increase in consolidated profit after tax at Rs 169 crore for the second quarter ended September 2022, riding on the back of robust performance across units.
New Delhi, Nov 9 (PTI) Narayana Hrudayalaya on Wednesday reported a 71 per cent increase in consolidated profit after tax at Rs 169 crore for the second quarter ended September 2022, riding on the back of robust performance across units.
The healthcare provider had posted a profit after tax (PAT) of Rs 99 crore in the July-September period of the previous fiscal.
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Consolidated total operating income stood at Rs 1,142 crore in the September quarter, as against Rs 941 crore in the corresponding period of the previous year, Narayana Hrudayalaya said in a statement.
"Building upon the momentum of the previous quarter and backed by continued strong performance across our units, we are pleased to have delivered record profitability for the group during the quarter gone by," Narayana Hrudayalaya Managing Director and Group CEO Emmanuel Rupert stated.
Anchored by the flagship units along with sustained uptick in other hospitals ensured that Indian operations, after having been severely impacted during the pandemic, is back to a healthy growth trajectory, he added.
"Separately, after the blip in the previous quarter, our Cayman Islands' operations retracing the strong traction generated over the last couple of years also recorded its highest ever profitability during this period," Rupert said.
The company is looking to pursue strategic growth avenues as reflected in its recent acquisitions across its core Bengaluru region as well as Cayman Islands, he added.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)