Fortis Malar Hospitals Ltd Q2 FY23 consolidated loss widens to Rs. 4.37 crores

Fortis Malar Hospitals Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 24.7990 crores during the period ended September 30, 2022 as compared to Rs. 21.7351 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -4.3792 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -2.9627 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -2.34 for the period ended September 30, 2022 as compared to Rs. -1.58 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 24.7990 crs	₹21.7351 crs	14.10%
Net Profit	₹-4.3792 crs	₹-2.9627 crs	47.81%
EPS	₹-2.34	₹-1.58	48.10%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 24.7990 crores during the period ended September 30, 2022 as compared to Rs.21.9136 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-4.3792 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-3.7764 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-2.34 for the period ended September 30, 2022 as compared to Rs.-2.01 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 24.7990 crs	₹21.9136 crs	13.17%
Net Profit	₹-4.3792 crs	₹-3.7764 crs	15.96%
EPS	₹-2.34	₹-2.01	16.42%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.46.5341 crores during the 6 Months period ended September 30, 2022 as compared to Rs.47.1454 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-7.3419 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-5.1209 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-3.92 for the 6 Months period ended September 30, 2022 as compared to Rs.-2.73 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹46.5341 crs	₹47.1454 crs	-1.30%
Net Profit	₹-7.3419 crs	₹-5.1209 crs	43.37%
EPS	₹-3.92	₹-2.73	43.59%

Shares of Fortis Malar Hospitals Limited was last trading in BSE at Rs. 55.70 as compared to the previous close of Rs. 55.85. The total number of shares traded during the day was 1092 in over 22 trades.

The stock hit an intraday high of Rs. 55.85 and intraday low of 55.00. The net turnover during the day was Rs. 60659.00.

Source : Equity Bulls

Keywords

FortisMalarHospitals Q2FY23 H1FY23 ResultUpdate