Aster DM Healthcare announced that the Annual General Meeting (AGM) of the company will be held on 29 August 2024.Powered by Capital Market - Live News

Aster DM Healthcare announced that the Board of Directors of the Company at its meeting held on 28 May 2024, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net loss of Aster DM Healthcare reported to Rs 24.03 crore in the quarter ended March 2024 as against net profit of Rs 170.77 crore during the previous quarter ended March 2023. Sales rose 20.65% to Rs 973.59 crore in the quarter ended March 2024 as against Rs 806.94 crore during the previous quarter ended March 2023.For the full year,net profit declined 69.57% to Rs 129.28 crore in the year ended March 2024 as against Rs 424.91 crore during the previous year ended March 2023. Sales rose 23.54% to Rs 3698.90 crore in the year ended March 2024 as against Rs 2994.05 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales973.59806.94 21 3698.902994.05 24 OPM %16.0714.87 -15.3214.62 - PBDT130.68110.41 18 481.16387.50 24 PBT72.3256.67 28 261.19195.46 34 NP-24.03170.77 PL 129.28424.91 -70 Powered by Capital Market - Live News

Aster DM Healthcare will hold a meeting of the Board of Directors of the Company on 28 May 2024Powered by Capital Market - Live News

Aster DM Healthcare has announced its expansion plan for Aster CMI Hospital, a leading multispecialty hospital in Bengaluru. The unit will have an additional infrastructure expansion of 300,000 sq feet thereby increasing its bed capacity from the existing 500 beds to 850 beds. With this development, the company is further strengthening its presence in Bengaluru, reaching a cumulative bed strength of 1602 beds, thereby becoming one of the largest healthcare providers in the city. The Company will invest around Rs. 250 crore to upgrade the existing facility and is expected to be commissioned by FY2027. Spread across an area of 4.45 lakh square feet in Hebbal, Bangalore, Aster CMI Hospital, is one of the leading super-specialty hospitals with contemporary state-of-the-art facilities offering comprehensive primary care to quaternary care services. Since its launch in 2016, the hospital has secured its place as one of the best multispecialty hospitals in the country today - a testament to the hospital`s dedication of continuously raising the bar for clinical standards in the country.Powered by Capital Market - Live News