Key Points
Max Healthcare Institute posted fiscal fourth quarter profit at Rs 250.92 crore, up 102.8 per cent from Rs 123.73 crore in the same quarter last year..
Profit for the company grew primarily on account of improvement in the operating metrics in all the hospitals and reduction in finance costs, it said..
It posted revenue from operations at Rs 1214.51 crore, up 29.6 per cent from Rs 937.09 in the fourth quarter of FY22..
Network gross revenue was Rs 1637 crore, up 26 per cent on-year, led by increase in ARPOB (+ 11 per cent on-year) and occupied beds (+14 per cent on-year)..
Meanwhile, Max Lab (non-captive pathology vertical) reported gross revenue of Rs 31 crore during the quarter, recording a growth of 57 per cent YoY on a like to like basis1 (excluding Covid-19 related tests..
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