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Max Healthcare Q4FY24: PAT dropped 3% to Rs. 311 crore; revenue up 16%

Max Healthcare Institute has announced Q4FY24 results. PAT dropped 3 percent to Rs. 311 crore in Q4FY24 against Rs 320 crore in Q4FY23.

Net revenue increased 16 % YoY to Rs 1800 crore in Q4FY24 against Rs 1551 crore in Q4FY23.

For Q4 FY24, operating EBITDA grew 15 % YoY to Rs 503 crore against Rs 437 crore in Q4 FY23.

FY24 highlights
PAT increased 18 percent to Rs. 1278 crore in FY24 against Rs 1084 crore in FY23.

Net revenue increased 16 % to Rs 6849 crore in FY24 against Rs 5904 crore in FY23.

Operating EBITDA grew 17 % to Rs 1907 crore against Rs 1636 crore in FY23.

“We are happy to consummate two long-drawn inorganic deals during the quarter. These transactions add significant capacity going forth and allow for additional brownfield opportunities in the fast-growing markets of UP & Maharashtra. The existing hospital network is consistently improving its performance and generating stable cashflows, enabling us to look for more inorganic opportunities while we expand the existing capacities,” said Abhay Soi, Chairman and Managing Director, Max Healthcare Institute Ltd.
MB Bureau

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