Healthcare facilities company Narayana Hrudayalaya announced consolidated Q1FY24 results: Total operating income was Rs 12,334 million for Q1FY24 as compared to Rs 10,334 million in Q1FY23, reflecting an increase of 19.4% YoY and 1.0% QoQ. EBITDA stood at Rs 2,858 million, reflecting a margin of 23.2% as against Rs 2,000 million in Q1FY23, translating into YoY growth of 42.9% and a decrease of 1.6% QoQ. PAT stood at Rs 1,840 million, reflecting a margin of 14.92% as compared to Rs 1,106 million in Q1FY23, translating into YoY growth of 66.4% and QoQ growth of 6.2% respectively. India's operating income was Rs 9,897 million for Q1FY24 as compared to Rs 8,654 million in Q1FY23, reflecting an increase of 14.36% YoY and 0.6% QoQ. HCCL operating income was Rs 2,551 million for Q1FY24 as compared to Rs 1,755 million in Q1FY23, reflecting an increase of 45.4% YoY and 4.3% QoQ. As on June 30, 2023, the Total Borrowings less Cash, Bank Balance, and Current Investments were Rs 188 million representing a net debt-to-equity ratio of 0.01. Commenting on the performance, Dr. Emmanuel Rupert, Managing Director and Group CEO, Narayana Hrudayalaya, said, “The first quarter of the new fiscal year has started with a robust performance. We are pleased to report the highest-ever revenue every quarter with profitability sustaining at high levels. The international patient mix remains flat, and the payor mix and speciality mix is in line with the last quarter of the previous fiscal year. Our overseas business in Cayman continues to contribute to overall performance, achieving the highest-ever revenue and profitability every quarter, which is attributed to increased patient footfalls. Our newly incorporated company Narayana Health Integrated Care (NHIC) has started on a positive note, and we are confident that it will have a significant impact on our overall business in the future.” Result PDF