Conference Call with Krishna Institute of Medical Sciences Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript.
Healthcare Facilities company Krishna Institute of Medical Sciences announced Q1FY24 results: Gross revenue at Rs 609 crore, a growth of 21.6% on a YoY and 4.9% on a QoQ basis. Operating EBITDA of Rs 160 crore, an increase of 12.4% YoY and a decrease of 4.7% QoQ basis. EBITDA margin at 26.3% vs. 28.5% in Q1FY23 and 28.9% in Q4FY23. PAT at Rs 87 crore in Q1FY24 against Rs 79 crore and Rs 99 crore in Q1FY23 and Q4FY23 respectively. Conducted 3.83 lakh OPD consults in Q1FY24, up by 18% and 0.4% YoY and QoQ basis. Bed occupancy in Q1FY24 at 70.4%, up by 5% on YoY and down by 0.4% on QoQ basis. ARPOB increased to Rs 31,697 in Q1FY24 showing 5.0% growth YoY and 3.7% growth QoQ basis. Cash and Cash Equivalents at Rs 178 crore in Q1FY24. Net Debt to Equity ratio at 0.22. Announcing Q1FY24 results, Dr. B Bhaskar Rao, CMD, KIMS Hospitals, said, “The first quarter of FY24 has started on a robust note with all engines performing optimally. Despite it being a seasonally lean quarter, we have done reasonably well on key parameters. I am particularly happy to note that the integration efforts of our recently acquired assets have started seeing fruition. We continue to focus on two critical parameters: Clinical Excellence and Affordable Quality Care. I am optimistic that we are on track to meet our targets for FY24”. Result PDF