Q2FY24: Metropolis reports 10% drop in profit

Metropolis Healthcare Limited is one of the leading Indian diagnostics companies. The Company owns a chain of diagnostic centres across India, South Asia, Africa and the Middle East.

Financial results:

• Metropolis Healthcare Ltd reported Revenues for Q2FY24 of ₹308.00 Crores up from ₹300.00 Crore year on year, a rise of 2.67%.
• Total Expenses for Q2FY24 of ₹262.00 Crores up from ₹250.00 Crores year on year, a rise of 4.8%.
• Consolidated Net Profit of ₹36.00 Crores down 10.0% from ₹40.00 Crores in the same quarter of the previous year.
• The Earnings per Share is ₹6.92, down 12.18% from ₹7.88 in the same quarter of the previous year.

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