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Bajaj Finance

Stocks to watch on Tuesday, November 7, 2023: Apollo Tyres, Balrampur Chini, CRISIL, IRCTC and Power Grid Corporation among prominent companies scheduled to announce results today.

Business Standard

Max Healthcare

International patient revenue also grew by 25 per cent Y-o-Y

max healthcare

Max Healthcare Institute Ltd on Monday reported a 26.59 per cent rise in profit after tax to Rs 338 crore in the quarter ended September 30, 2023.
The company had registered a profit after tax of Rs 267 crore in the same quarter last fiscal, Max Healthcare Institute said in a statement.
Network gross revenue, including subsidiaries, managed hospitals and partner healthcare facilities, stood at Rs 1,827 crore as compared to Rs 1,567 crore in the year-ago period, up 16.59 per cent, it added.
"Q2 results are in line with our expectations and reflect the continuous focus on execution at the grass-root level," Max Healthcare Institute Chairman and Managing Director Abhay Soi said.
The company said all hospitals improved their average revenue per operating bed (ARPOB) during the period and the overall average growth in ARPOB stood at 13 per cent year-on-year (YoY).
During the quarter, international patient revenue grew by 25 per cent as compared to the year-ago period, and the share of 

Press Trust of India

Cash flow from operations stood at Rs 261 crore during the quarter, of which around Rs 38 crore were spent on capacity expansion projects

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Max Healthcare Q2 results: Net profit falls 39.5%; revenue up 19%

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