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HomeNewsBusinessEarningsKrsnaa Diagnostics Q3 net profit down 4.4% at Rs 13 crore

Krsnaa Diagnostics Q3 net profit down 4.4% at Rs 13 crore

Krsnaa Diagnostics' Q3 revenue, however, was up 34 percent from the year-ago period at Rs 158.3 crore

February 13, 2024 / 08:56 IST
The Company's operations predominantly relate to providing diagnostic services in pathology services.
     
     
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    Diagnostics player Krsnaa Diagnostics has reported a consolidated net profit at Rs 13  crore for the December quarter of the current financial year, down 4.4 percent from the year-ago period.

    Revenue came in at Rs 158.3crore, up 34 percent from the year-ago quarter, the company said late on February 12.

    The company's earnings before interest, taxes, depreciation and amortisation (EBITDA) were at Rs 39.6 crore, up from Rs 29.8 crore in the year-ago period. The EBITDA margin was at 24 percent against 25 percent in the year-ago period.

    In the quarter gone by, the company was short-listed to provide 17 MRI and 17 CT scan services in Maharashtra. It has also been picked to provide MRI services in five Madhya Pradesh districts and bagged contract to provide HPLC test in 21 districts of Maharashtra.

    "These recent contract wins underscore the exceptional capabilities of our in-house teams, reflecting their proficiency in navigating the intricate bidding process, meeting all necessary requirements and ultimately securing these contracts," managing director Pallavi Bhatevara said.

    The stock closed at Rs 690.40 on the National Stock Exchange, down 2.4 percent from the previous session.

    Moneycontrol News
    first published: Feb 13, 2024 08:56 am

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