In Q2FY25, Medanta's performance was above our expectations. Recorded highest-ever revenue of INR 9,566 mn, showing a growth of 13.3% YoY and 11.1% QoQ, driven by higher patient volumes, increase in bed occupied days, and improvements in realization. The ARPOB for matured hospitals grew by 6.2% YoY to INR 67,059, while for developing hospitals, it declined by 5.9% YoY to INR 53,724. Occupancy for developed hospitals came in at 67%, compared to 65% last year, whereas for developing hospita...
Hold Global Health Ltd For Target Rs. 1,146 By Choice Broking Ltd
In Q2FY25, Fortis’ performance was above our expectations. Consolidated revenue stood at INR 19,884mn, reflecting a growth of 12.3% YoY and 7% QoQ. The hospital business contributed INR 16.550mn, showing a growth of 13.9% YoY and 6.8% QoQ, while the diagnostics business reported INR 3,340mn, up 5.1% YoY and de-grew by 2.8% QoQ. ARPOB/day grew by 7.2% YoY and de-grew by 1.5% QoQ to INR 64,932. Occupancy levels were at 72% compared to 69% last year. EBITDA reached INR 4,348mn, increasing ...
Buy Fortis Healthcare Ltd For Target Rs. 728 By Choice Broking Ltd
Indian innovations across the spectrum are fantastic and are the key to solving problems in the field of health, agriculture, gender and climate, Microsoft Co-founder and philanthropist, Bill Gates, said in the national Capital on Thursday.
Gates, Co-Chair of the Bill & Melinda Gates Foundation (BMGF), who is on an India tour, was speaking at IIT-Delhi on innovations for public good.
“I am looking at innovators in India that can help with all kinds of problems, starting with h...
Indian innovation key to solving health, agriculture, climate issues: Bill Gates
