Metropolis Healthcare plans to expand reach to 1,000 towns in 18 months

Quick Summary:

The company has already grown from operations in 300 towns to over 700 within the past eight quarters.

The company is currently in discussions with potential acquisition targets, aiming to acquire assets that align geographically or add new testing capabilities.

Each new lab entails an investment of Rs 40-50 lakh and requires about two years to achieve margin positivity, according to the company.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Metropolis Healthcare Health sector Investment Indian companies

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 16:43:39 (22 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 403 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23552138

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Official Website: business-standard.com

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Coverage Areas: India

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