Medanta Hospitals

Medanta has launched a 550-bed super specialty hospital in Noida with advanced technologies, expanding its NCR presence and addressing healthcare needs in Western Uttar Pradesh

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Global Health reports Q4FY25 PAT drop to ₹101.4 crore on one-time expense; revenue up 15% to ₹931.2 crore; expansion plans include 550-bed Noida facility by FY26

Newsweek and Statista in their World's Best Hospitals report evaluated over 2,400 hospitals across 30 countries. Aiims, New Delhi ranked the 97th best hospital in the world, up 25 ranks from past year

Medanta Hospital has said it is fully cooperating with authorities after a 46-year-old air hostess alleged she was sexually assaulted while on a ventilator in the ICU

Company board approves signing of lease agreement for a new 110-bed hospital in Ranchi

The company's ARPOB per day rose to Rs 62,140 in Q2 FY25, a marginal growth of 1.9 per cent Y-o-Y compared to Rs 61,003 reported for the same period last year

"The hospital is expected to commence operations in around four years, subject to necessary statutory and customary approvals"

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Global Health, which operates hospitals under the Medanta brand, on Friday said its consolidated profit after tax increased 4 per cent year on year to Rs 106 crore for the first quarter ended June 30, 2024. The company had reported a profit after tax (PAT) of Rs 102 crore in the April-June quarter. Revenue from operations rose to Rs 861 crore in the June quarter as compared to Rs 779 crore in the year-ago period, Global Health said in a regulatory filing. Medanta Chairman & Managing Director Naresh Trehan said that on July 22, 2024, the company has received confirmation from the Mumbai Housing and Area Development Authority (MHADA) regarding a successful bid for a land parcel measuring 8,859.24 square meter at Mauje-Oshiwara, Jogeshwari, Mumbai. "This pivotal step marks Medanta's entry into the dynamic Mumbai market, where we plan to establish a 500-plus-bedded super-speciality hospital," he added. The facility will provide medical services and advanced treatment options to the ..

Advent and Apollo HealthCo have entered into a deal through which Advent will invest Rs 2,475 crore into Apollo HealthCo

Nifty Healthcare has outperformed Nifty50 and some individual healthcare stocks have doubled investor wealth in FY24

Medanta, Rainbow Children Medicare, Shalby, Apollo Hospitals, Fortis Healthcare and newly listed GPT Healthcare fell 2-8 per cent in intra-day trade on BSE

For Q3FY24, Global Health reported a strong 53 per cent year-on-year (Y-o-Y) rise in consolidated net profit to Rs 123.54 crore

Consolidated net profit fell by 1.29 per cent from Rs 125.16 crore, whereas revenue fell by 1.34 per cent from Rs 843.93 crore in Q2 FY24

Global Health, which runs Medanta hospitals, has reported a nearly 78 per cent year-on-year jump in net profit to Rs 102 crore for the June quarter boosted by higher margins and revenue realisation. Its income rose 26.8 per cent to Rs 794.5 crore in the first quarter of the current fiscal, while operating margins went up to 25.1 per cent from 22.6 per cent in the year-ago period, the multi-speciality tertiary care hospital chain, which operates in the north and eastern regions, according to a statement. For the Gurugram-based company, the average occupied bed days increased by 16.2 per cent, representing an occupancy of 58.1 per cent in the first quarter on increased bed capacity. In-patient volume rose 19.4 per cent and out-patient volume went up by 17.5 per cent. Revenue share from the developing hospitals in Lucknow and Patna increased from 23.4 per cent to 28.9 per cent, amounting to Rs 229.7 crore. Revenue from international patients increased 45 per cent to Rs 47.7 crore, dri

Bikaji's IPO was entirely a secondary share sale worth Rs 881 crore, while Medanta consisted of Rs 1,705-crore secondary share sale and Rs 500 crore worth of fresh fund raise

Medanta Hospitals IPO subscribed 36% on day-2, Bikaji Foods by 1.5 times

The IPO of Bikaji Foods subscribed 67 per cent on Thursday, the first day of the issue

The IPO consists of a fresh issue of equity shares aggregating to Rs 500 crore and an offer for sale (OFS) of up to 5.08 crore equity shares