Aster DM Healthcare Q4 Results 2024, Share Price and more
Aster DM Healthcare's Q4 2024 results demonstrate resilience with total income at ₹3,262.32 crore, operating profit at ₹287.48 crore, and profit after tax at ₹170.77 crore, fostering optimism for future growth amid market challenges.
by Kavitha
Updated May 29, 2024
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Aster DM Healthcare
Aster DM Healthcare Limited was founded in 1987 by Azad Moopen and is a large Middle Eastern and Indian firm that operates hospitals, clinics, labs, and pharmacies across six countries. Despite being registered in Bangalore, India, it has its headquarters in Dubai, United Arab Emirates. They have various brands, including Medicare, Access, and Aster. They assist individuals with a variety of things, including medicine and health care. Since they've been around for a while and expanded greatly, they've helped a lot of individuals stay well and recover from illnesses.
Aster DM Healthcare Q4 Results 2024
The Q4 2024 results of Aster DM Healthcare show resiliency in the face of market turbulence. With effective cost control, the company's total income increased by 2.20% to ₹3,262.32 crore, and its operating profit significantly increased by 14.91% to ₹287.48 crore. Notably, profit after tax increased to ₹170.77 crore, a 22.51% increase, indicating strong financial success. Selling, general, and administrative expenses decreased by 5.31%, despite a modest increase in other expenses.
The total operating expenses increased by 1.12%, but net income before taxes increased by 18.65% to ₹205.78 crore. There was a noteworthy 22.51% growth in post-tax net income, amounting to ₹170.77 crore. Strong performance was indicated by the 22.67% increase in diluted normalized EPS to ₹3.43. The stock has been rising for a while now, despite current market turbulence, indicating hope for the future of Aster DM Healthcare. These outcomes demonstrate a strong operational and financial basis overall, setting the business up for future expansion.
To know the full Q4 result, check the PDF below.
Share Price of Aster DM Healthcare
Aster DM Healthcare Ltd. was founded in 1987 by Azad Moopen and is a large Middle Eastern and Indian firm that operates hospitals, clinics, labs, and pharmacies throughout six countries. Numerous people are assisted with healthcare by their brands, such as Medicare, Access, and Aster. Their market value is ₹186,764 crore, and their share price is ₹373.751. They have no dividends and a PE ratio of 58.27. Aster DM Healthcare Ltd. had 1,334,610 shares traded today. Recall that stock prices are subject to change, so before making any significant investment decisions, it's advisable to be informed.
Aster DM Healthcare Q4 Results Statement
The table below showcases the Q4 results statement of Aster DM Healthcare
Particulars |
31 March 2024 |
31 March 2024 (Audited) |
|
1. Income |
||
|
Revenue from operations |
545.56 |
2,036.50 |
|
Other income |
3.72 |
49.02 |
|
Total income |
549.28 |
2,085.52 |
|
Net Total Income |
2.20 |
3,262.32 |
|
2. Expenses |
||
|
Purchases of medicines and consumables |
107.86 |
418.10 |
|
Changes in inventories |
(1.10) |
(9.27) |
|
The professional fee to consultant doctors |
128.05 |
470.38 |
|
Laboratory outsourcing charges |
19.12 |
68.16 |
|
Employee benefits expense |
77.85 |
318.36 |
|
Finance costs |
20.92 |
78.37 |
|
Depreciation and amortization expenses |
35.65 |
121.38 |
|
Other expenses |
114.28 |
410.69 |
|
Total expenses |
502.63 |
1,876.17 |
|
3. Profit before tax (1-2) |
46.65 |
209.35 |
|
Operating Profit |
14.91 |
287.48 |
|
4. Tax expense / (benefit) |
||
|
Current tax |
(23.05) |
- |
|
Current tax for earlier years |
- |
- |
|
Deferred tax |
77.81 |
52.39 |
|
Total tax expense |
54.76 |
52.39 |
|
5. Profit/ (loss) for the period/ year (3-4) |
(8.11) |
156.96 |
|
post-tax net income |
|
170.77
|
|
6. Other comprehensive income/ (loss), net of taxes |
(0.64) |
(0.64) |
|
7. Total comprehensive income/ (loss) (5+6) |
(8.75) |
156.32 |
|
8. Equity share capital |
499.52 |
499.52 |
|
9. Other Equity |
2,794.72 |
|
|
10. Earnings per share (Face value of INR 10 each) |
||
|
Basic (in INR) |
(0.16) |
3.15 |
|
Diluted (in INR) |
(0.16) |
3.15 |
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Aster DM Healthcare Q4 Results 2024 - FAQs
1. What is Aster DM Healthcare's total income in Q4 2024?
Aster DM Healthcare's total income in Q4 2024 was ₹3,262.32 crore.
2. How much did the operating profit increase by in Q4 2024?
The operating profit increased by 14.91% to ₹287.48 crore in Q4 2024.
3. What was the growth percentage of profit after tax in Q4 2024?
The profit after tax saw a growth of 22.51% in Q4 2024.
4. What is the diluted normalized EPS in Q4 2024?
The diluted normalized EPS in Q4 2024 was ₹3.43.
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