Paras Healthcare posts Rs 40 crore Q2 net profit in first results after listing
Paras Healthcare announced a profit after tax of Rs 40.35 crore in the September quarter. This performance shows a significant increase from the net profit of Rs 12.38 crore reported last year. Revenue from operations reached Rs 510.89 crore, with expenses at Rs 463.12 crore during the same period. The company utilized a portion of its...
Key Takeaways
- Paras Healthcare announced a profit after tax of Rs 40.35 crore in the September quarter.
- This performance shows a significant increase from the net profit of Rs 12.38 crore reported last year.
- Revenue from operations reached Rs 510.89 crore, with expenses at Rs 463.12 crore during the same period.
Paras Healthcare announced a profit after tax of Rs 40.35 crore in the September quarter. This performance shows a significant increase from the net profit of Rs 12.38 crore reported last year. Revenue from operations reached Rs 510.89 crore, with expenses at Rs 463.12 crore during the same period. The company utilized a portion of its IPO proceeds to strengthen its balance sheet.
Original Publisher Attribution
This summary was curated from Economic Times.