Metropolis Healthcare Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 10, 2023 at 06:16 am EST
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Metropolis Healthcare Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 2,854.56 million compared to INR 2,930.53 million a year ago. Revenue was INR 2,920.81 million compared to INR 2,956.63 million a year ago. Net income was INR 357.99 million compared to INR 410.39 million a year ago. Basic earnings per share from continuing operations was INR 6.99 compared to INR 8.02 a year ago. Diluted earnings per share from continuing operations was INR 6.97 compared to INR 7.98 a year ago.
For the nine months, sales was INR 8,656.64 million compared to INR 9,224.36 million a year ago. Revenue was INR 8,796.63 million compared to INR 9,343.83 million a year ago. Net income was INR 1,095.27 million compared to INR 1,741.95 million a year ago. Basic earnings per share from continuing operations was INR 21.4 compared to INR 34.05 a year ago. Diluted earnings per share from continuing operations was INR 21.31 compared to INR 33.88 a year ago.
Metropolis Healthcare Limited is an India-based company, which is engaged in providing diagnostic services. The Company operates through the pathology services segment. The Company offers a range of clinical laboratory tests and profiles, which are used for prediction, early detection, diagnostic screening, confirmation, and monitoring of the disease. The Company also offers analytical and support services to clinical research organizations for their clinical research projects. Its services include pathology testing services, corporate wellness, lab in hospitals and clinical research services. The Company offers a range of tests and profiles that include advanced tests in diagnosis of cancer, neurological disorders, infectious diseases, and an array of genetic abnormalities. It owns a chain of diagnostic centers across India, South Asia, Africa, and the Middle East. The Company has spread its footprint across 20 Indian states and over 220 cities.
METROPOLIS HEALTHCARE LIMITED 
