Narayana Hrudayalaya Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 14, 2024 at 08:52 am EST
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Narayana Hrudayalaya Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 12,036.37 million compared to INR 11,281.67 million a year ago. Revenue was INR 12,215.24 million compared to INR 11,397.18 million a year ago. Net income was INR 1,880.2 million compared to INR 1,537.73 million a year ago. Basic earnings per share from continuing operations was INR 9.26 compared to INR 7.57 a year ago. Diluted earnings per share from continuing operations was INR 9.26 compared to INR 7.57 a year ago.
For the nine months, sales was INR 37,423.1 million compared to INR 33,031.73 million a year ago. Revenue was INR 37,936.91 million compared to INR 33,539.43 million a year ago. Net income was INR 5,985.55 million compared to INR 4,331.04 million a year ago. Basic earnings per share from continuing operations was INR 29.47 compared to INR 21.33 a year ago. Diluted earnings per share from continuing operations was INR 29.47 compared to INR 21.32 a year ago.
Narayana Hrudayalaya Limited is an India-based healthcare service provider, operating a chain of multispecialty, tertiary, and primary healthcare facilities. The Company is primarily engaged in the business of rendering medical and healthcare services. It has a network of multispecialty and super specialty hospitals spread across multiple locations. The Company owns and operates certain hospitals. Its medical services include anesthesia, blood bank, bone marrow transplant (stem cell transplant), breast cancer, electrophysiology, emergency medicine, endocrinology, family medicine, gastrointestinal oncology, general surgery, geriatrics, gynecology - oncology, pulmonology, radiation oncology, hematology, heart transplant, hepatology liver transplantation and infectious diseases. The Company has a network of approximately 19 hospitals and three heart centers across India along with overseas presence at Cayman Islands, with over 5,860 operational beds and a capacity of over 6,160 beds.