Medi Assist Healthcare Services consolidated net profit rises 58.26% in the March 2024 quarter

16 May 2024

Medi Assist released its financials for Q4 FY24. the revenue of the company increased by 22.6% year-on-year (y-o-y) from Rs 136 Cr inQ4 FY23 to Rs 167 Cr in Q4 FY24. The operating margins slightly declined by 0.4% from 22.6% in Q4 FY23 to 22.2% Q4 FY24 and the net profit of the company increased by 50.5% from Rs 17 Cr. to Rs 26 Cr. The y-o-y results are outstanding as the Revenue has been increasing consistently at a CAGR of 21.4% and Net Income for the company increased by 50.5% to Rs 26 Cr.