Diagnostic major Metropolis Healthcare reports 15 pc jump in Q2 revenue at Rs 223 crore
Nov 12, 2019
Mumbai (Maharashtra) [India], Nov 12: Leading diagnostic service provider Metropolis Healthcare registered 15.6 per cent jump in its revenue for the July to September quarter at Rs 223 crore compared to Rs 193 crore in the corresponding quarter of previous fiscal.
The company recorded 15.7 per cent increase in patient visits at 26.6 lakh and over 20 per cent jump in number of tests at 51.7 lakh during the same period. The profit after tax works out to Rs 43 crore in Q2 FY20, up 43.7 per cent from Rs 30 crore in Q2 FY19.
“The revenue diversification is improving and we were able to increase our revenue contribution from other cities which will be the growth engine for the future,” said Managing Director Ameera Shah.
“The opportunity to increase market share in focus cities is very high, especially through the business-to-consumer (B2C) route. A combination of our new network expansion along with improving revenue per centre will create a long runway for growth,” she said in a statement.
Till September-end, Metropolis network consisted of 124 laboratories and 2,712 patient service centres in 19 states across India.
Shah said the technology and digital initiatives undertaken by the company in the past six months enable better control, data security, improved operational and productivity efficiencies along with improved customer experience.
“In our endeavour to offer tests that are critical for a correct diagnosis, we have added 14 new specialised tests in the area of oncology, genetics and transplant pathology,” she added.
The post Diagnostic major Metropolis Healthcare reports 15 pc jump in Q2 revenue at Rs 223 crore appeared first on Digpu News Network.
More News
Juliet Stevenson, Olivia Williams Join Tim Crouch’s ‘An Oak Tree’ at the Other Palace (EXCLUSIVE)
Francesca Moody Productions has unveiled further casting for Tim Crouch’s “An Oak Tree,” adding Juliet Stevenson, Olivia Williams, Sean Gilder, Brian Gleeson, Sophie Melville, Rhashan Stone and Ria Zmitrowicz to the roster of guest artists appearing opposite Crouch during the show’s run at The Other Palace from Oct. 7-Nov. 15. “An Oak Tree” hinges on […]
After Those Alleged Screenshots Went Viral, Channing Tatum Responded To Accusations That He’s Been Mocking Zoë Kravitz And Harry Styles Using A Secret Instagram Account
This is all reminding me of when he went viral for those "cringe" IG Stories after Zoë and Harry's engagement. View Entire Post ›
Presley Gerber's ex girlfriend Charlotte D'Alessio breaks silence after his untimely death
Presley Gerber's ex girlfriend Charlotte D'Alessio breaks silence after his untimely deathPresley Gerber's ex-girlfriend, Charlotte D'Alessio, broke her silence following the tragic death of the model.The 28-year-old social media influencer met Presley in 2017 through his sister, Kaia Gerber. They...
Zayn Malik melts hearts with sweet insight into daughter Khai's special day
Zayn Malik melts hearts with sweet insight into daughter Khai's special dayZayn Malik is celebrating his daughter Khai Hadid Malik's another trip round the sun.The One Direction alum, who welcomed a daughter with model Gigi Hadid, took to his Instagram account on Tuesday to mark Khai's sixth...
Susan Sarandon to Be Honored at Rome Film Festival Sidebar Where ‘The Accompanist’ Will Bow Internationally (EXCLUSIVE)
Susan Sarandon will be honored by the Rome Film Festival’s independently run Alice in the City sidebar, which is dedicated to films for children and youth. Sarandon will be attending the Eternal City fest to promote the international launch of “Silicon Valley” star Zach Woods’ feature film debut “The Accompanist,” in which she stars; and […]
Brixton Community Cinema Creator Abiba Coulibaly On Why She Decided To End The Popular London Film Club
Next month, the Brixton Community Cinema, the roving cinema project that has quickly become one of the UK’s most admired film communities under the stewardship of independent programmer Abiba Coulibaly, will close. Coulibaly announced the cinema’s farewell season in August on Instagram. “The closure of Brixton Community Cinema is not to give up and abandon […]
Parvathy Thiruvothu on Playing a Police Officer in ‘Pradhama Drishtiya Kuttakkar’ and Speaking Out About Misogyny Despite Scrutiny: ‘I Enjoy Watching Patriarchy Fall Apart’
Indian actor Parvathy Thiruvothu has spent two decades fighting the system from outside it – both on screen and off. In “Pradhama Drishtiya Kuttakkar” (“Prima Facie Guilty”), the Shahad Nilambur-directed thriller now running in theaters, she’s finally on the inside, portraying a police officer for the first time in a Malayalam film. But the actor […]
Banijay to Launch Dating Reality Format ‘Date Knight’ at Mipcom (EXCLUSIVE)
Media and entertainment group Banijay Entertainment has unveiled a new dating reality format “Date Knight,” which will join its portfolio of new IP heading to TV market Mipcom. The show is produced by Nordisk Film TV, part of Banijay Nordic, for Danish public broadcaster DR. “Date Knight” invites singles to step into a spectacular “romantasy” […]
‘A Different World’ Sequel Series Premiere: Maleah Joi Moon, Jasmine Guy & More Stars Attend
The stars of the upcoming A Different World hit the red carpet at the series premiere on Monday (September 21)! […] The post ‘A Different World’ Sequel Series Premiere: Maleah Joi Moon, Jasmine Guy & More Stars Attend appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
King Charles' hidden anger towards Spencers leaks: Palace source goes into detail
King Charles’ hidden anger towards Spencers leaks: Palace source goes into detailThe truth behind King Charles’ anger, and the reaction he had in front of his courtiers, over Swan Song, has just come to light.Its well known how sordid the past has been regarding King Charles and...
Channing Tatum reveals truth behind alleged Zoe Kravitz 'burner account'
Channing Tatum reveals truth behind alleged Zoe Kravitz 'burner account'Channing Tatum has finally addressed the rumors of running a burner account to shade his ex Zoe Kravitz.After the Step Up star and the 37-year-old actress broke up, fans speculated that an Instagram account leaving shady...
Japan Pitch Heads to Busan Film Festival With Four Co-Production Projects (EXCLUSIVE)
Atmovie Inc. will stage Japan Pitch at the 31st Busan International Film Festival, giving four filmmakers from its Atmovie Global Track accelerator a platform to pitch original feature projects to international buyers and producers. Atmovie Global Track, backed by the Japan Creator Support Fund through the Japan Arts Council, was set up to help Japanese […]
Recommended
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.