Global Health Limited (NSE: Medanta, BSE: 543654), one of the largest private multi-specialty tertiary care providers operating in the North and East regions of India, today announced its unaudited consolidated financial results for the quarter ending 31st December, 2024.
Consolidated Highlights: Q3 FY2025 vs. Q3 FY2024
• Total income of Rs. 9,595 million, growth of 12.3% y-o-y
• EBITDA of Rs. 2,538 million, growth of 8.4% y-o-y with EBITDA margins at 26.5%
• Profit after tax of Rs. 1,429 million, growth of 15.6% y-o-y. PAT Margins increased to 14.9% compared to 14.5% in Q3 FY24
• Average occupied bed days increased by 10.5% y-o-y, representing an occupancy of 63.6% on increased bed capacity
• Average revenue per occupied bed (ARPOB) marginally grew by 1.2% y-o-y to Rs. 61,307
• In-patients count increased by 12.9% and Out-patient count increased by 8.7% y-o-y
• Matured hospitals revenue was Rs. 6,466 million, growth of 10.1% on y-o-y basis. EBITDA was Rs. 1,617 million, growth of 9.0% on y-o-y basis
• Developing hospitals revenue was INR 3,004 million, growth of 9.5% on y-o-y basis. EBITDA was INR 1,015 million, growth of 4.8% on y-o-y basis
• Revenue from international patients increased by 14.3% to y-o-y to Rs. 541 million
• Out-patient pharmacy (Hospital + Retail) continues to register strong growth. Revenue increased by 21.4% from INR 290 million in Q3 FY24 to INR 352 million in Q3 FY25
Commenting on Q3 FY2025 results, Mr. Pankaj Sahni, Group CEO and Director said: “I am pleased to share that we have delivered a strong performance this quarter, driven by higher patient volumes and strong contributions from our developing hospitals.
Additionally, we are excited to announce our expansion into Ranchi with a new ~110-bed hospital under a long-term lease agreement. Strategically located just 1.2 km from our existing Medanta Ranchi hospital, the new facility enables seamless integration and operational synergies. This expansion will further strengthen our capacity to meet the growing healthcare needs in the region while raising the standard of healthcare delivery.”
Board has approved signing of lease agreement for a newly built 110 bedded hospital in Ranchi
• The Board of Directors has approved the signing of the lease agreement to operate and manage a newly built 110-bed hospital in Ranchi
• The hospital spans 1.33 acres with a constructed area of 108,000 sq. ft
• It has 110 operational beds and is equipped with an advanced OT setup and high-end medical equipment
• Medanta will enter into a 15-year long-term lease, extendable for two additional 15-year terms, at its sole discretion
• The hospital is expected to commence operations by the end of Q1 FY26
• Strategically located just 1.2 km from Medanta Ranchi existing hospital, the new facility enables seamless integration and operational synergies
• Designed primarily for high-end tertiary care, will address a critical gap currently unmet at Medanta Ranchi
Key Quarterly Developments – Q3 FY2025
• Medanta Lucknow sets a new benchmark for most robotic surgeries in first 90 days, performing 30 robotic gynecological surgeries in 76 days
• Medanta Lucknow completes 50+ Robotic Da Vinci XI surgeries
• Medanta Gurugram’s multi-speciality team successfully performs a neuro-intervention on a newborn with Choroidal Vein of Galen Malformation, a rare condition requiring a highly precise procedure that available at only a few centers globally
• Medanta Gurugram successfully addresses a complex case of peripheral arterial disease with Stealth Orbital 360 Atherectomy, setting a new standard of care, with a focus on re-intervention if needed in a ‘leave no metal behind’ approach
• During the quarter, 34 beds were added across facilities, increasing the total additions to 219 beds in 9M FY25
• Medanta has on boarded 49 doctors across facilities during the quarter, taking a total of 101 new doctors in 9M FY25
