All the new centers on track to do EBITDA breakeven in the first year itself, said BS Ajaikumar, Chairman & CEO, Healthcare Global Enterprises.
Healthcare Global Enterprises has launched 125-bed cancer hospital in Nagpur. The company specialises in cancer care and has 18 cancer centres across India. “Our whole idea of making this cancer care to the cities such as Nagpur is to make it affordable, accessible and near your home,” BS Ajaikumar, Chairman and CEO of the company told CNBC-TV18.
In an interview to CNBC-TV18, BS Ajaikumar, Chairman & CEO of Healthcare Global Enterprises spoke about the results and his outlook for the company.
Healthcare Global is coming up with new centres in Mumbai, Kanpur, and Nagpur and Chairman & CEO BS Ajaikumar tells CNBC-TV18, these new centres will keep growth sustainable.
Losses arising from new centres have also seen declines in the second quarter of this fiscal.
Have robust expansion plans and would have 26 oncology centers by end of FY18 from the current 17 centers, said BS Ajaikumar, Chairman and CEO, Healthcare Global Enterprises.
In an interview with CNBC-TV18, BS Ajai Kumar, Chairman and CEO of Healthcare Global said that he expects its existing centres to turn profitable in the coming days and has capex plans worth Rs 200 crore for the next two years.
Speaking to CNBC-TV18, BS Ajaikumar, Chairman & CEO of the company, says that growth is now visible in the eastern part of the country, especially Ahmedabad and also Bengaluru.