02-08-2021 01:58 PM | Source: Angel Broking Ltd
Quote On Narayana Hrudayalaya 3QFY21 By Yash Gupta, Angel Broking
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Below are Quote On Narayana Hrudayalaya 3QFY21 By Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
NH reported numbers inline expectation, Narayana Hrudayalaya reported revenue from operations for Q3FY21 at ₹750 crores, down by 4.5% YoY from ₹785 crores in Q3FY20. EBITDA for the quarter was up by 1.2% at ₹109.5 crores in Q3FY21 as compared to ₹108.2crores in Q3FY20. EBITDA margins are at 14.6%. Profit after tax for the quarter at ₹470 crores in Q3FY21 as compared to ₹359 crores rose by 31% in Q3FY20.
Narayana reported the numbers in line with expectations, and the company has reported very good growth in ARPOB and LOS. Occupancies are still lower than the pre covid levels.
We have a Positive outlook towards Narayana hrudayalaya.
Above views are of the author and not of the website kindly read disclaimer
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