Artemis Medicare Services announces quarterly results - Check details

Gurgaon-based hospital chain Artemis Medicare Services on Thursday announced its financial results for the first quarter of FY25. The company, in an exchange filing, said that its net revenue from operations in the quarter ending June 2025 increased by 8 per cent to Rs 2,080 million from Rs 1,929 million in the same quarter of FY24.

"This quarter also marked our successful fund raise of INR 3,300 Mn from International Finance Corporation (IFC), a member of the World Bank Group to accelerate our growth plans. We plan to expand our presence in the superspeciality segment through the addition of larger-sized hospitals in our group," said Devlina Chakravarty, Managing Director of Artemis Medicare Services Ltd.

Consolidated Performance Highlights Q1 FY25 vs Q1 FY24

- Net Revenue from Operations increased by 6.5 per cent to Rs 2,232 million from Rs 2,095 million

- EBITDA increased by 39 per cent to Rs 406 million from Rs 292 million

- EBITDA margin at 18.2 per cent compared to 13.9 per cent at the consolidated level

- Consolidated PBT increased by 65.1 per cent to Rs 216 million from Rs 131 million with a margin of 9.7 per cent

- Consolidated PAT increased by 69.5 per cent to Rs 165 million from Rs 98 million, with a margin of 7.4 per cent.