{"id":22999,"date":"2022-08-10T15:35:00","date_gmt":"2022-08-10T10:05:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-max-healthcare\/"},"modified":"2022-08-10T15:32:00","modified_gmt":"2022-08-10T10:02:00","slug":"biz-max-healthcare","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-max-healthcare\/","title":{"rendered":"Max Healthcare Q1 Results: Consolidated net profit up 12% at Rs 229 cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-421179619\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Max Healthcare on Wednesday said its consolidated net profit increased by 12 per cent to Rs 229 crore for the June quarter driven by annual price revision and normalisation of patient footfalls.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3671781004\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>The healthcare provider had reported a net profit of Rs 205 crore in the June quarter of last fiscal.<\/p>\n<p>Net revenue during the period under review rose to Rs 1,393 crore as compared with Rs 1,322 crore in the April-June quarter of the last fiscal.<\/p>\n<p>\u201cQ1 FY23 performance reflects normalisation of revenues and operating EBITDA post Omicron wave in the previous quarter,&#8221; Max Healthcare Institute Chairman and MD Abhay Soi said in a statement.<\/p><div class=\"trade-content_5\" id=\"trade-2993446874\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>The quarter saw improvement in all operational and financial parameters, he added.<\/p>\n<p>&#8220;With well laid out plan for distilling payor mix and expansion plans currently underway, we expect to further build on this performance in the coming years,&#8221; Soi noted.<\/p>\n<p>The company seeks to employ its deleveraged balance sheet towards inorganic growth in the near term, he added.<\/p>\n<p>Shares of the company were trading 2.1 per cent down at Rs 373.55 apiece on the BSE. PTI MSS MR MR<\/p>\n<div class=\"trade-after-content\" id=\"trade-783312356\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Max Healthcare on Wednesday said its consolidated net profit increased by 12 per cent to Rs 229 crore for the June quarter driven by annual price revision and normalisation of patient footfalls. The healthcare provider had reported a net profit of Rs 205 crore in the June quarter of last fiscal. Net revenue during the [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":58102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31],"tags":[],"class_list":["post-22999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Max Healthcare Q1 Results: Consolidated net profit up 12% at Rs 229 cr - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-max-healthcare\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Max Healthcare Q1 Results: Consolidated net profit up 12% at Rs 229 cr\" \/>\n<meta property=\"og:description\" content=\"Max Healthcare on Wednesday said its consolidated net profit increased by 12 per cent to Rs 229 crore for the June quarter driven by annual price revision and normalisation of patient footfalls. 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