Krishna Institute of Medical Sciences’ (KIMS) Q1FY24 sequential revenue growth of 5.2% was mainly driven by ARPOB improvement of 3.7% while occupancy and OPD consultations were largely flat. As guided by the management, Telangana belt margin normalised to ~31% due to surge in overheads and seasonality while addition of gastro unit in Andhra Pradesh (AP) dented margins of that belt.