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Q4FY24: Medanta Hospitals PAT increases 24%, revenue up 14%

Global Health Ltd, which operates Medanta Hospitals has announced Q4FY24 results. PAT increased to Rs 1,273.47 million in Q4FY24 from Rs 1,010.72 million in Q4FY23, an increase of 25 percent.

Revenue increased to Rs 8,360.53 million in Q4FY24 from Rs 7,318.28 million in Q4FY23, an increase of 14 percent.

FY24 highlights:
For FY24, PAT was Rs 4,780.60 million as against Rs 3,260.79 million in FY 23. Revenue jumped to Rs 33,497.75 million in FY 24 from Rs 27,591.63 million in FY23.

Established in 2004 by Dr Naresh Trehan, Global Health started as a super-specialty tertiary-care hospital in Gurugram. Medanta Medicity, which commenced operations in November 2009, has a 1,400-bed capacity.

In FY15, Medanta entered into an arrangement to manage 150-bed hospitals each in Indore and Ranchi. The company also operates two hospitals in Lucknow and Patna and is setting up one in Noida.
MB Bureau

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