DSIJ Mindshare

Healthcare Triangle advances industry-transforming solutions in the areas of cloud services, data science, cyber security and professional and managed services for the healthcare and life sciences industries. The company is strategically partnered with leading public cloud providers including Amazon Web Services, Google Cloud, Microsoft Azure Cloud, and EHR vendors.

Talking about the financials, the company has a market cap of over Rs 72,000 crore and reported positive numbers in its quarterly results and annual results. The shares of the company have a PE of 12.90x whereas the industry PE is 17.04x.

The company reported amazing numbers in its quarterly results and annual results. The net sales increased by 83.86 per cent to Rs 1,090.76 crore and net profit increased by 87.60 per cent to Rs 64.25 crore in FY23 over FY22. Investors should keep an eye on this electric bus manufacturing company.

According to the quarterly results, the net sales skyrocketed by 131 per cent to Rs 92.81 crore and net profit increased by 46 per cent to Rs 5.44 crore in Q1FY24 compared to Q1FY23. The net sales increased by 88.37 per cent from Rs 172.60 crore in FY22 to Rs 325.13 crore in FY23. The company reported a net profit of Rs 3 crore in FY23 compared to a net profit of Rs 16 crore in FY22.

On Thursday, Indian equity markets ended on a positive note