Metropolis Healthcare Q1 Results Reach a Total Income of ₹313.36 Crore & Operating Profit ₹53.27 Crore

Metropolis Healthcare Q1 Results: Metropolis Healthcare recently released its Q1 financial results, showing important growth year-over-year (YoY). The total income for June 2024 reached ₹313.36 Cr., which is an increase of 13.09% YoY compared to ₹277.09 Cr. in June 2023. This growth is significant, reflecting the company's strong performance in the healthcare sector. The operating profit also improved, reaching ₹53.27 Cr., which is a 26.48% YoY rise from ₹42.12 Cr. in the same quarter last year. This indicates that Metropolis is not only generating more revenue but is also managing its expenses well.

Metropolis Healthcare’s Profit after tax has also increased, reaching ₹37.95 Cr., showing a 31.78% YoY growth from ₹28.80 Cr. in June 2023. The operating margin stands at 17.00%, a positive indicator of the company’s efficiency. In contrast, when looking at the quarter-on-quarter (QoQ) changes, total income decreased by 5.33% from ₹282.55 Cr. in March 2024. However, despite this slight drop QoQ, the YoY growth figures highlight the overall strong position of Metropolis Healthcare in the market. Overall, these results show that Metropolis Healthcare is growing steadily year-over-year, reflecting strong business practices and market demand.

Here are the Q1 results highlights for Metropolis Healthcare, presented in a table format:

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Metropolis Healthcare Q1 Results

Metropolis Healthcare is a diagnostic company based in India that provides various laboratory services. The financial results for the quarter ending on June 30, 2024, show important information about its earnings and expenses.

Metropolis Healthcare’s total income was approximately ₹28.90 crores, which is slightly lower than the ₹29.43 crores from the same quarter last year. This decrease indicates a small decline in revenue generation. However, the total expenses also decreased to around ₹24.72 crores from ₹29.31 crores in the previous year, which suggests that the company is managing its costs effectively.

Metropolis Healthcare’s profit before tax for this quarter was about ₹4.17 crores, showing a decrease compared to ₹4.51 crores in the same quarter last year. After accounting for tax expenses of ₹1.04 crores, the net profit for the quarter was around ₹3.13 crores, compared to ₹3.18 crores last year. This slight drop in profit reflects the company’s current market challenges.

Metropolis Healthcare remains financially stable, with earnings per share (EPS) increasing to ₹6.20 from ₹5.10 last year. This means shareholders are still seeing good returns on their investment, reflecting a solid performance overall.

Here's a simplified summary of the financial results presented for the quarter ended June 30, 2024:

(Rs. in Lakhs)

Metropolis Healthcare Financial Metrics

Metropolis Healthcare is a well-known healthcare company in India, specializing in pathology services. The company has a market capitalization of ₹11,242 crore, indicating its overall value in the stock market. The current stock price is ₹2,194, with a highest price of ₹2,222 and a lowest price of ₹1,360 over a specific period. The stock's price-to-earnings (P/E) ratio is 82.1, showing how much investors are willing to pay for each rupee of earnings. The book value is ₹214, and it offers a dividend yield of 0.19%, providing some returns to shareholders. 

Here's a table summarizing the stock information you provided:

Quarterly Results 

Metropolis Healthcare's financial results for December 2023, March 2024, and June 2024 show important information about the company's performance. In December 2023, the company earned ₹291 crores in sales and had ₹226 crores in expenses, resulting in an operating profit of ₹65 crores with an operating profit margin (OPM) of 22%. By March 2024, sales increased to ₹331 crores, and expenses rose to ₹251 crores, leading to a higher operating profit of ₹80 crores and an OPM of 24%.

Here’s the table with only the data for December 2023, March 2024, and June 2024:

(Consolidated Figures in Rs. Crores)

About Metropolis Healthcare  

Metropolis Healthcare is a well-known Indian company that provides diagnostic services. It has many diagnostic centers across India and in countries like South Asia, Africa, and the Middle East. The company is famous for its accurate and reliable tests, which help in finding and monitoring diseases. Metropolis offers a wide range of tests for different health conditions.

Metropolis Healthcare focus on using advanced technology and providing excellent customer service. With a strong reputation and a loyal customer base, Metropolis Healthcare plays an important role in improving healthcare through better diagnostics and support for patients.