Narayana Hrudayalaya PAT slips 16.8 per cent YoY

Narayana Hrudayalaya reported its results for the quarter ended December 31, 2017 on Wednesday.

The company's consolidated revenue for the quarter came in at Rs. 553.84 crore, registering an increase of 21.7% YoY.

The EBITDA for the quarter fell by 2.3% YoY to Rs. 55.17 crore with a corresponding margin contraction of 244 bps. Its EBITDA margin for the quarter stood at 10%.

The PAT for the quarter came in at Rs 14.13 crore, a decline of 16.8% YoY, which was due to steep rise in interest expenses by 50 per cent YoY.

Narayana Hrudayalaya Limited is one of the leading healthcare service providers in India, operating a chain of multi-specialty, tertiary and primary healthcare facilities. The company has a network of 23 hospitals and 7 heart centres across India and single hospital overseas at Cayman Islands with nearly 5,900 operational beds across all its centres and with the potential to reach a capacity of over 6,800 beds.