Healtcare Facilities company Artemis Medicare Services announced Q1FY25 results: Net Revenue from Operations increased by 6.5% to Rs 2,232 million from Rs 2,095 million EBITDA increased by 39% to Rs 406 million from Rs 292 million EBITDA margin at 18.2% compared to 13.9% at the consolidated level Consolidated PBT increased by 65.1% to Rs 216 million from Rs 131 million with margin of 9.7% Consolidated PAT increased by 69.5% to Rs 165 million from Rs 98 million, with margin of 7.4% Announcing the results, Devlina Chakravarty, Managing Director of Artemis Medicare Services, commented: "Our robust performance of Q1FY25 reflects our conscious efforts towards streamlining all the financial and operational metrics. This is one of our best-ever quarterly performance with our highest ever ARPOB and EBITDA, giving a promising start to the year despite it being a seasonally muted quarter. We have focussed on leveraging cost efficiencies and optimising asset utilisation, which is reflected in our highest EBITDA margins. During the quarter, we have brought our third tower to the final stages and we look forward to operationalising it soon, which will further enhance our unit economics and overall financial and operational metrics. Additionally, our asset-light centres have shown improved performance as a result of our concentrated efforts. This quarter also marked our successful fund raise of Rs 3,300 million from International Finance Corporation (IFC), a member of the World Bank Group to accelerate our growth plans. We plan to expand our presence in the superspeciality segment through addition of larger sized hospitals in our group. With this capacity enhancement we want to extend our top-of-the-line clinical expertise, patient care and operating efficiencies to serve a larger patient base and help solve complex health issues in the larger interest of society in a cost effective manner." Result PDF