Hot Pursuit     26-May-23
Medplus Health Services spurts after Q4 PAT soars to Rs 26 cr
MedPlus Health Services rallied 17.83% to Rs 812.85 after the company's consolidated net proifit surged 126.6% to Rs 26.58 crore in Q4 FY23 as compared with Rs 11.73 crore in Q4 FY22.
Revenue from operations jumped 29.7% year on year to Rs 1252.98 crore in Q4 FY23.

Profit before tax increased 36.6% to Rs 17.25 crore in Q4 FY23 from Rs 12.63 crore in Q4 FY22.

EBITDA stood at Rs 406.2 crore in Q4 FY23, recording growth of 37.6% as compared with Rs 295.2 crore posted in corresponding quarter last year. EBITDA was at 3.2% in Q4 FY23 as against 3.1% in Q4 FY22.

During the quarter, the company said that its gross store additions stood at 284 stores.

On full year basis, the company's consolidated net profit declined 48.1% to Rs 49.76 crore despite of 20.6% jump in revenue from operations to Rs 4557.58 crore in FY23 over FY22.

Medplus Health Services is in the business of pathological laboratory testing and manufacturing, wholesale trading and contract manufacturing of pharma, fast-moving consumer goods and beauty products and rendering of management services to group companies and holds investments in subsidiary companies.

Previous News
  Medplus Health Services IPO subscribed 70%
 ( IPO Centre - IPO News 13-Dec-21   17:16 )
  Medplus Health Services announces resignation
 ( Corporate News - 25-Dec-23   18:23 )
  Medplus Health Services to convene board meeting
 ( Corporate News - 03-Oct-23   10:14 )
  Medplus Health Services schedules board meeting
 ( Corporate News - 26-Mar-25   09:20 )
  Volumes jump at Medplus Health Services Ltd counter
 ( Hot Pursuit - 26-May-23   14:30 )
  Medplus Health Services consolidated net profit rises 234.23% in the December 2024 quarter
 ( Results - Announcements 01-Feb-25   07:43 )
  Medplus Health Services to discuss results
 ( Corporate News - 09-Jan-25   10:22 )
  Medplus Health Services consolidated net profit declines 93.13% in the June 2022 quarter
 ( Results - Announcements 11-Aug-22   08:22 )
  Medplus Health Services schedules board meeting
 ( Corporate News - 10-Oct-24   17:20 )
  Medplus Health Services consolidated net profit rises 166.07% in the September 2024 quarter
 ( Results - Announcements 12-Nov-24   17:22 )
  Medplus slides after arm’s suspension of drug license
 ( Hot Pursuit - 22-Dec-23   11:00 )
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