Max Healthcare Q1 results: Net profit drops 1.6%, revenue up by 20%

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Max Healthcare Q1 results: Net profit drops 1.6%, revenue up by 20% - Business Standard

Quick Summary:

The Oncology department, including chemotherapy and radiotherapy, increased its share in Max’s revenue to 25.2 per cent from 25.1 per cent in Q1FY24.

Additionally, the healthcare services company approved buying an additional stake in Starlit Medical Centre for a consideration of up to Rs 150 crore.

After considering the above three financials, the revenue for the whole entity stands at Rs 1,931 crore, and net profit will be Rs 295 crore, according to the company’s investor presentation.