Dr Agarwal's Eye Hospital Reports Positive Growth

Oct 20 2023 12:00 AM IST
share
Share Via
Dr Agarwal's Eye Hospital has announced its financial results for the quarter ended September 2023, showing positive growth in net sales, standalone net profit, and operating profit (PBDIT). The company's interest growth has also improved, but the operating profit margin has fallen. With a score of 13 out of 20, the company's financial performance has improved, indicating a positive trend. The quarter's net sales and operating profit were the highest in the last five quarters, and the profit before and after tax have also shown significant growth. This strong performance is a promising sign for the company's success in the healthcare services industry.
Dr Agarwal's Eye Hospital, a leading healthcare services provider, has recently announced its financial results for the quarter ended September 2023. The company has shown a positive growth in its net sales, standalone net profit, and operating profit (PBDIT) excluding other income, compared to the previous quarter.

According to the quarterly analysis, the net sales of Dr Agarwal's Eye Hospital has grown by 7.03% in the quarter ended September 2023, as compared to 12.41% in the previous quarter. The standalone net profit has also shown a growth of 9.10%, as compared to a decline of 15.64% in the previous quarter. The operating profit (PBDIT) has grown by 2.24%, as compared to 4.68% in the previous quarter.

The company has also seen a positive trend in its interest growth, with a 4.32% increase in the quarter ended September 2023, as compared to a decline of 10.50% in the previous quarter. However, the operating profit margin (excluding other income) has fallen from the previous quarter.

Dr Agarwal's Eye Hospital has shown a significant improvement in its financial performance in the quarter ended September 2023, with a score of 13 out of 20, as compared to 11 in the last 3 months. This indicates a positive trend in the company's financials.

The company's net sales in the quarter ended September 2023 were the highest in the last five quarters, at Rs 83.27 crore. The near-term sales trend is also positive, with a growth of 21.12% year on year. The operating profit (PBDIT) in the quarter was also the highest in the last five quarters, at Rs 22.39 crore. The profit before tax (PBT) has also shown a growth of 23.26% year on year, and the profit after tax (PAT) has grown by 38.8% year on year.

Overall, Dr Agarwal's Eye Hospital has shown a strong financial performance in the quarter ended September 2023, with positive trends in key areas. This is a promising sign for the company's growth and success in the healthcare services industry.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News