Press Release23 May 2024, 08:26 pm
Yatharth Hospital & Trauma Care Services Ltd Reports 24% Revenue Growth and 121% PAT Increase in Q4FY24
AI Summary
Yatharth Hospital & Trauma Care Services Ltd, one of the leading private super specialty hospitals in North India, has announced its financial results for the quarter and full year ending March 31, 2024. The company reported a 24% increase in Q4FY24 revenue to Rs. 1,778 mn and a 121% increase in Profit after Tax (PAT) to Rs. 383 mn compared to the same period last year. The revenue for the full year grew by 29% to Rs. 6,705 mn. Other key financial highlights include a 54% bed occupancy rate, a 26.2% EBITDA margin, and a 17.1% PAT margin.
Key Highlights
- Revenue grew by 24% in Q4FY24 and 29% for FY23
- Bed occupancy rate increased to 54% from 45% in FY23
- EBITDA margin expanded by 113 bps to 26.8% in FY23
- PAT margin expanded by 443 bps to 17.1% in FY23
- Finance cost was reduced by 56% YoY in FY23
- Operating Revenue grew by 7% QoQ and 24% YoY in Q4FY24