Revenue from operations for the quarter jumped 54.68% year on year to Rs 575.92 crore.
Reported EBITDA (including other income) stood at Rs 168.13 crore in Q4 FY23, registering the growth of 38.1% as compared with Rs 121.76 crore posted in corresponding quarter last year.
On operational front, In patient (IP) volumes stood at Rs 45,056 (up 38.3%YoY), Out patient (OP) volumes was at Rs 3,80,850 (up 40.6% YoY), average revenue per operating bed (ARPOB) stood at Rs 30,573 (up 21.6% YoY), average revenue per patient (ARPP) was at Rs 1,27,916 (up 10.9% YoY).
On full year basis, the company's net profit rose 1.9% to Rs 336.32 crore on 33.13% jump in revenue from operations to Rs 2,197.67 crore in FY23 over FY22.
B. Bhaskara Rao, chairman & managing director, said, “The last quarter of FY 23 saw us deliver our best-ever Quarterly numbers. It is a testimony to the continued trust of patients in KIMS's quality of service, and clinical excellence, and delivering the same with affordability. We continue to focus on identifying experienced clinical talents across specialties and geographies and adding new therapies which will help us drive growth in the coming quarters
Our digital automation project to deliver an even better patient experience is progressing at a brisk pace. I am confident we will keep the momentum going in FY24 to deliver patient satisfaction and financial growth together.”
Meanwhile, Vikas Maheshwari has tendered his resignation as the chief financial officer (CFO) of the company due to personal reasons. The board accepted his resignation and accordingly, Vikas Maheshwari will stand relieved from the closure of business hours on 31 May 2023.
Headquartered in Hyderabad, KIMS Hospitals is one of the largest corporate healthcare groups in Telangana and Andhra Pradesh, providing multi-disciplinary integrated healthcare services, with a focus on tertiary and quaternary healthcare at affordable cost. It has a network of 12 hospitals and 3940 beds spread across Telangana, Andhra Pradesh and Maharashtra.
The scrip fell 0.04% to Rs 1533.70 on the BSE.
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