In Q3FY24, NH reported earnings slightly below expectations, with revenue reaching INR 12,036 million, a 6.7% YoY increase but a 7.8% QoQ decline due to seasonality. EBITDA grew by 9.6% YoY to INR 2,789 million but decreased by 9.5% QoQ. The EBITDA margin expanded by 62bps YoY but contracted by 43bps QoQ to 23.2%, aligning with estimates. APAT witnessed a 22.3% YoY growth but a 17% QoQ decline to INR 1,881 million. As of December 2023, the company operated 39 healthcare facilities with 5,646 ...
Add Narayana Hrudalayala Ltd for Target Rs. 1,456 - Choice Broking Ltd
