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Healthcare Global Enterprises down 3% on reporting net loss in Q4

The consolidated income from operations was up 21.8 percent at Rs 222.3 crore against Rs 182.4 crore YoY.

May 28, 2018 / 13:42 IST
     
     
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    Shares of Healthcare Global Enterprises slipped nearly 3 percent intraday Wednesday as company has reported net loss in the quarter ended March 2018.

    The company has reported consolidated net loss of Rs 0.16 crore in Q4FY18 versus profit of Rs 8.1 crore in the same quarter last year.

    However, profit attributed to the equity shareholders of the company for the period stood at Rs 2.59 crore versus Rs 6.9 crore in a year ago period, while loss for non-controlling interest was at Rs 2.75 crore versus profit of Rs 1.19 crore.

    The consolidated revenue from operations during the quarter grew by 21.8 percent to Rs 222.3 crore against Rs 182.4 crore in corresponding period last fiscal.

    The share touched its 52-week high Rs 352.00 and 52-week low Rs 238.00 on 31 January, 2018 and 02 June, 2017, respectively.

    Currently, it is trading 12.88 percent below its 52-week high and 28.84 percent above its 52-week low.

    At 11:33 hrs Healthcare Global Enterprises was quoting at Rs 306.65, down Rs 4.30, or 1.38 percent on the BSE.

    Posted by Rakesh Patil

    Moneycontrol News
    first published: May 23, 2018 11:47 am

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