Vijaya Diagnostic reported a 22 percent year-on-year rise in consolidated net profit at Rs 33 crore for the March quarter of the financial year 2023-24.
The company reported a net profit of Rs 27.7 crore in the year-ago period.
Revenue came in at Rs 155 crore, up 29 percent from Rs 120 crore last year, the company, which provides diagnostic services, said in an exchange filing on May 8.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) were at Rs 63 crore. The EBITDA margin was at 40.7 percent against 40.6 percent in the year-ago period.
"This quarter marked a notable milestone with the wellness contributing 14% of the revenue," said Suprita Reddy, MD & CEO at Vijaya Diagnostic Centre Ltd. "By strategically expanding and directing our capabilities towards future opportunities, we are confident in our ability to consistently deliver lasting value to our stakeholders," she added.
Vijaya Diagnostic Centre Limited was founded by Dr. S. Surendranath Reddy in 1981 as a proprietorship concern and was subsequently incorporated as a private limited company in 2002 and listed in the stock market in September 2021. The company is engaged in the business of providing comprehensive range of diagnostic services spanning across radiology & imaging, nuclear medicine, conventional & specialist lab services and diagnostic cardiology.
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