Aster DM: Kerala nurse strike ends, operations resume; ₹5.77 Cr revenue loss
Aster DM Healthcare announced the resolution of the nurse strike across its Kerala hospitals. Following extensive engagement with the United Nurses Association and directives from the Hon'ble High Court, which extended the strike deferral until May 31, 2026, all nursing staff have returned to work, and operations have resumed at full capacity. The company incurred an additional revenue loss of ₹5,77,60,948 due to the strike but expects no further losses if the current status quo holds. The High Court proceedings for a final settlement between the Kerala Private Hospital Association and United Nurses Association are ongoing. Aster DM had implemented contingency measures, including mobilizing nurses from other states, to ensure critical services.
Key Highlights
- Nurse strike at Aster DM's Kerala hospitals has ended.
- All nursing staff have returned; operations are at full capacity.
- Company incurred ₹5.77 crore in additional revenue loss.
- No further revenue loss expected if current status quo continues.
- High Court proceedings for final settlement are ongoing.
Price Impact