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KIMS shares surge 6% posts strong Q2 results

KIMS reported a consolidated net profit of Rs 107.4 crore for Q2FY25, reflecting a 24 percent increase quarter-over-quarter and a 16.7 percent year-over-year rise.

November 11, 2024 / 13:30 IST
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Krishna Institute of Medical Sciences Ltd (KIMS)

Shares of Krishna Institute of Medical Sciences (KIMS) surged nearly 6 percent on November 11 following the release of its strong Q2FY25 financial results.

At 12.50 PM, KIMS' share price traded 3 percent higher at Rs 587. The stock has gained over 50 percent on a year-to-date basis, outperforming the Nifty 50 which gained 12 percent during the same timeframe.

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KIMS reported a consolidated net profit of Rs 107.4 crore for Q2FY25, reflecting a 24 percent increase quarter-over-quarter and a 16.7 percent year-over-year rise. The company's revenue from operations also rose significantly, up 13 percent from the previous quarter and 19 percent from the previous year, totalling Rs 777.3 crore.

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