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Narayana Hrudayalaya Limited reports earnings for Q1 FY22

Narayana Hrudayalaya Limited reports earnings for Q1 FY22
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Narayana Hrudayalaya spurts after robust Q4 performance

Narayana Hrudayalaya rose 4.03% to Rs 457.15 after the company s consolidated net profit soared 467.5% to Rs 68.05 crore on 12.76% increase in revenue from operations to Rs 837.76 crore in Q4 March 2021 over Q4 March 2020.
Profit before tax surged 447.08% to Rs 85.29 crore in Q4 FY21 as against Rs 15.59 crore in Q4 FY20.
EBITDA grew 45.9% to Rs 149.90 crore, reflecting a margin of 17.9% as against Rs 102.80 crore in Q4 FY20. This is as per the new accounting treatment for leases per IND AS 116 effective from 1 April 2019 which resulted in Rs 13.30 crore increase in EBITDA and a decrease of Rs 1.1 crore in PAT for Q4 FY21 on pre-IND AS 116 basis. ....

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Foreign arrivals at pvt hospitals way short of pre-covid levels

Foreign arrivals at pvt hospitals way short of pre-covid levels
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New Delhi: While private hospital chains such as Apollo Hospitals Enterprise Ltd and Fortis Healthcare Ltd continued to witness a recovery in international arrivals in October-December, the number of such patients was significantly lower compared with pre-covid levels due to restrictions on international flights.
“Just looking at international patients, it is about 10% of total outpatient visits in normal times. I think what was significant is that patients are not able to travel because airlines are not operating at full capacity. We believe when that comes back, the OP (out-patient visits) will definitely pick up in terms of international patients, Apollo Hospitals managing director Suneeta Reddy said at an investor call on Saturday. ....

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