Jupiter Life Line Hospitals Q1 Results Total Revenue ₹287.13 crores & Net Income ₹44.61 crores

Jupiter Life Line Hospitals Q1 Results: The table for Jupiter Life Line Hospitals shows their financial performance for the first quarter of the fiscal year 2024. The total revenue for June 2024 is ₹287.13 crores, which is an increase of 18.05% YoY compared to ₹243.22 crores in June 2023. However, when looking at the quarter-on-quarter (QoQ) results, there is a slight decrease of 1.16% from ₹242.30 crores in March 2024.

Jupiter Life Line Hospitals’ selling, general, and administrative expenses increased significantly by 173.76% YoY, reaching ₹123.49 crores in June 2024, compared to ₹45.11 crores a year ago. In terms of QoQ, these expenses went up by 0.25% from ₹126.37 crores in the previous quarter. The net income for June 2024 is ₹44.61 crores, which represents a substantial YoY increase from ₹54.00 crores in June 2023. However, it shows a 1.46% decline QoQ from ₹15.75 crores in March 2024.

Here are the quarterly results for Jupiter Life Line Hospitals for Q1:

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Jupiter Life Line Hospitals Q1 Results

Jupiter Life Line Hospitals released its financial results for the quarter ending on June 30, 2024. The total income for this quarter was ₹2,476.47 million, which includes revenue from operations of ₹2,394.06 million and other income of ₹82.41 million. Compared to the same quarter last year, both the total income and revenue have increased, indicating the hospital's growth. The total expenses for the quarter were ₹1,926.57 million. Major costs included purchasing stock, employee salaries, and professional fees, which together accounted for a significant part of the expenses.

After covering the costs, the hospital reported a profit before tax of ₹549.90 million, showing a strong performance compared to previous quarters. The tax expense for the period was ₹143.40 million. After paying taxes, the profit for the quarter was ₹406.50 million. Additionally, the hospital did not have any other comprehensive income items that affected its profit, meaning that the profit reported is quite straightforward. The company’s basic and diluted earnings per share were both ₹6.20, reflecting the company's profitability for its shareholders. 

Here's a summarized version of the unaudited standalone financial results for Jupiter Life Line Hospitals for the quarter ended June 30, 2024:

(Rs in Millions)

Jupiter Life Line Hospitals Stock Performance

Jupiter Life Line Hospitals is a healthcare company in India with a market capitalization of ₹9,203 crore, indicating its total market value. The current stock price is ₹1,404, with a high of ₹1,654 and a low of ₹977 in recent trading. The price-to-earnings ratio (P/E) is 57.1, suggesting investors expect high growth but the stock may be considered expensive. The book value of the shares is ₹190, representing the company's net worth. The dividend yield is low at 0.07%, meaning shareholders receive a small return on their investment.

Here’s a summary of the financial information you provided:

Quarterly Results 

The financial data for Jupiter Life Line Hospitals in the quarters of December 2023, March 2024, and June 2024 shows some important trends. In December 2023, the hospital earned ₹230 crores in sales with expenses of ₹173 crores, leading to an operating profit of ₹57 crores. In March 2024, sales increased to ₹245 crores, while expenses also rose to ₹189 crores, resulting in a slightly lower operating profit of ₹56 crores. 

Here’s the data for the quarters Dec 2023, Mar 2024, and Jun 2024, with the particulars included:

(Standalone Figures in Rs. Crores)

About Jupiter Life Line Hospitals

Jupiter Life Line Hospitals is a well-known healthcare provider in India, established to offer high-quality medical care. The hospital focuses on a patient-first approach, ensuring that all patients receive personalized attention and support throughout their treatment. Located in Thane, Mumbai, and Pune, Jupiter Life Line Hospitals provides a wide range of medical services, including emergency care, surgery, and specialized treatments in various fields like cardiology, orthopedics, and neurology.

The hospital is equipped with advanced technology and a skilled team of doctors and nurses who work together to provide the best possible care. Jupiter Life Line Hospitals emphasizes patient comfort and safety, creating a friendly environment for healing. The hospital also offers health check-up packages and preventive care to help patients maintain their health. Overall, Jupiter Life Line Hospitals is committed to improving the health and well-being of its community through excellent medical services.