Medanta Hospitals

Medanta Hospitals Q2 results: Net profit rises 4.5% to Rs 130 crore

The company's ARPOB per day rose to Rs 62,140 in Q2 FY25, a marginal growth of 1.9 per cent Y-o-Y compared to Rs 61,003 reported for the same period last year

Medanta signs O&M pact for 750 bed hospital in Delhi, to invest Rs 600 cr

"The hospital is expected to commence operations in around four years, subject to necessary statutory and customary approvals"

Veteran fashion designer Rohit Bal dies at 63 after prolonged illness

The news of his demise was shared on the official Instagram handle of Fashion Design Council of India (FDCI)

Medanta Q1 results: PAT rises by 4% to Rs 106 cr, revenue at Rs 861 cr

Global Health, which operates hospitals under the Medanta brand, on Friday said its consolidated profit after tax increased 4 per cent year on year to Rs 106 crore for the first quarter ended June 30, 2024. The company had reported a profit after tax (PAT) of Rs 102 crore in the April-June quarter. Revenue from operations rose to Rs 861 crore in the June quarter as compared to Rs 779 crore in the year-ago period, Global Health said in a regulatory filing. Medanta Chairman & Managing Director Naresh Trehan said that on July 22, 2024, the company has received confirmation from the Mumbai Housing and Area Development Authority (MHADA) regarding a successful bid for a land parcel measuring 8,859.24 square meter at Mauje-Oshiwara, Jogeshwari, Mumbai. "This pivotal step marks Medanta's entry into the dynamic Mumbai market, where we plan to establish a 500-plus-bedded super-speciality hospital," he added. The facility will provide medical services and advanced treatment options to the ..

Apollo Hospitals lines up Rs 3,000 crore investment post Advent deal

Advent and Apollo HealthCo have entered into a deal through which Advent will invest Rs 2,475 crore into Apollo HealthCo

Max, Fortis, Apollo: Why are hospital stocks bleeding in a firm market?

Nifty Healthcare has outperformed Nifty50 and some individual healthcare stocks have doubled investor wealth in FY24

Max Health, Fortis, Apollo slump up to 9% as SC warns slapping CGHS rates

Medanta, Rainbow Children Medicare, Shalby, Apollo Hospitals, Fortis Healthcare and newly listed GPT Healthcare fell 2-8 per cent in intra-day trade on BSE

Share price of this hospital company has zoomed over 100% in 5 months

For Q3FY24, Global Health reported a strong 53 per cent year-on-year (Y-o-Y) rise in consolidated net profit to Rs 123.54 crore

Medanta Q3 results: Profit up 53% at Rs 123.54 cr, revenue up 19.9%

Consolidated net profit fell by 1.29 per cent from Rs 125.16 crore, whereas revenue fell by 1.34 per cent from Rs 843.93 crore in Q2 FY24

Global Health profit increases nearly 78% to Rs 102 crore in June quarter

Global Health, which runs Medanta hospitals, has reported a nearly 78 per cent year-on-year jump in net profit to Rs 102 crore for the June quarter boosted by higher margins and revenue realisation. Its income rose 26.8 per cent to Rs 794.5 crore in the first quarter of the current fiscal, while operating margins went up to 25.1 per cent from 22.6 per cent in the year-ago period, the multi-speciality tertiary care hospital chain, which operates in the north and eastern regions, according to a statement. For the Gurugram-based company, the average occupied bed days increased by 16.2 per cent, representing an occupancy of 58.1 per cent in the first quarter on increased bed capacity. In-patient volume rose 19.4 per cent and out-patient volume went up by 17.5 per cent. Revenue share from the developing hospitals in Lucknow and Patna increased from 23.4 per cent to 28.9 per cent, amounting to Rs 229.7 crore. Revenue from international patients increased 45 per cent to Rs 47.7 crore, dri

Bikaji Foods International IPO subscribed 27 times; Medanta 10 times

Bikaji's IPO was entirely a secondary share sale worth Rs 881 crore, while Medanta consisted of Rs 1,705-crore secondary share sale and Rs 500 crore worth of fresh fund raise

Fusion microfinance subscribed 3x on Day-2 on strong institutional support

Medanta Hospitals IPO subscribed 36% on day-2, Bikaji Foods by 1.5 times

Global Health IPO subscribed 26%; Five Star IPO to open on Nov 7

The IPO of Bikaji Foods subscribed 67 per cent on Thursday, the first day of the issue

Medanta brand-owner Global Health sets IPO price band at Rs 319-336/share

The IPO consists of a fresh issue of equity shares aggregating to Rs 500 crore and an offer for sale (OFS) of up to 5.08 crore equity shares

Mulayam Singh still in ICU, condition critical, says Gurugram hospital

Samajwadi Party founder Mulayam Singh Yadav continues to be in the Intensive Care Unit (ICU) of Medanta hospital in Gurugram and his condition remains critical, the hospital said on Friday. He is being administered life-saving drugs, it said in a health bulletin. "Mulayam Singh ji is still critical and on life-saving drugs. He is being treated in the ICU (of) Medanta hospital, Gurugram, by a comprehensive team of specialists," the hospital said. The bulletin was also shared by the Samajwadi Party's official handle on Twitter. Yadav, 82, was admitted to the hospital on Sunday.

Mulayam Singh Yadav admitted to critical care unit: Medanta Hospital

Former Uttar Pradesh chief minister Mulayam Singh Yadav is admitted to the "critical care unit" of Medanta Hospital here and is being treated by a "comprehensive team of specialists", the hospital said on Monday. The announcement from the hospital comes a day after the Samajwadi Party on Sunday said its 82-year-old patriarch's health had deteriorated. Mulayam Singh Yadav has been under treatment at the hospital since August 22. He was admitted to the hospital in July as well, sources said. "Sh Mulayam Singh is currently admitted in Critical Care Unit of Medanta Hospital, Gurgaon, and is being treated by a comprehensive team of specialists," the hospital said in a statement. His son Akhilesh Yadav, daughter in-law Dimple Yadav and brother Shivpal Singh Yadav had visited the hospital on Sunday. Some party workers, too, reached the hospital premises to enquire about his condition, sources said, adding they have been advised not to visit the health facility. "Respected netaji (Mulayam

Mulayam Singh Yadav health deteriorates, shifted to ICU in Gurugram

According to hospital sources, the 82-year-old leader is being treated under the supervision of oncologists Dr Nitin Sood and Dr Sushil Kataria

World Hypertension Day 2022: Dr Naresh Trehan gives tips on dealing with BP

World Hypertension Day 2022: Dr Naresh Trehan, CMD of Medanta, speaks to Business Standard on the spike in hypertension cases in India, the early signs, how to deal with the ailment

ADB to provide Rs 100 cr loan to Medanta to combat Covid-19 pandemic

Naresh Trehan, Global Health Chairman and Managing Director of Medanta said the partnership with ADB will meet its financing requirement

Coronavirus: Haryana CM Khattar is feeling better, says Medanta Hospital

Haryana Chief Minister, Manohar Lal Khattar, on Tuesday spent his 8th day at Medanta and the hospital said in a statement "he is well-rested and has no fever"