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Aster DM Healthcare increased by 21% year over year to Rs. 3,215 Crs
The Business Guardian
|August 16, 2023
Aster DM Healthcare, today released its financial results for the first quarter of the fiscal year 2024..Commenting on the performance for Q1 FY24, Dr Azad Moopen, Founder Chairman and Managing Director, Aster DM Healthcare, said, “During Q1 FY24, we achieved an impressive 21 per cent YoY consolidated revenue growth, totaling INR 3,215 crores.
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Our performance during the quarter was shaped by not only the improvement in our realizations but also increase in the number of beds at existing hospitals as well as at the new facilities to cater to growing demand. The strong growth across both India and GCC regions and various cost improvement initiatives enabled even higher improvement in our EBITDA performance which recorded a robust growth of 33 per cent to Rs. 388 crores.
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