Narayana Hrudayalaya limited - hospital group company

Narayana Hrudayalaya hospital group company reported more than four-fold jump in its consolidated net profit at Rs 22 crore in March quarter (Q4FY17). The company engaged in healthcare services business had logged profit of Rs 5 crore in the same quarter of last fiscal year.

Narayana Hrudayalaya



Narayana Hrudayalaya hospital - Consolidated total operating income

Consolidated total operating income grew 13% to Rs 484 crore in Q4FY17 against Rs 428 crore in the corresponding quarter of previous year. Ebitda (earnings before interest, tax, depreciation and amortization) margin during reporting quarter was at 13.6% as against 12.5% in Q4FY16, showing an improvement by 114 basis points (bps).

Looking at the full year numbers, we see that revenue jumped by 12% to reach Rs.1645.9 crore while EBITDA rose by 25% to 212.38 crore. The company reported net profit of Rs.95.1 crore, up 68% yoy

While commenting on the performance, Dr. Ashutosh Raghuvanshi, Vice Chairman, Managing Director and Group CEO, Narayana Hrudayalaya Limited, said “We are pleased to demonstrate noteworthy performance in the quarter and the year gone by amidst the regulatory headwinds affecting our business on multiple counts. The steady ramp-up in our newer hospitals buoyed by the sustained performance of mature hospitals continue to drive our revenues, and at the same time, our changing business mix is improving our profitability profile.

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