Zota Health Care LImited — Updates, 13-02-2025: Press Release
Zota Health Care Limited reported strong financial performance for Q3 FY25, with consolidated revenues of ₹7,212 lakhs, marking a significant 54% increase year-over-year. Gross profit surged to ₹4,029 lakhs, reflecting an impressive 87% growth compared to the same period last year. The company expanded its Davaindia store footprint to 1,413 operational stores, including 707 company-owned and operated (COCO) stores. Additionally, quarterly footfall increased to 26.99 lakhs, highlighting a growing customer base and engagement.
In Q3 FY25, the gross merchandise value (GMV) reached ₹6,668 lakhs, up from ₹3,674 lakhs in Q3 FY24, further demonstrating Zota's robust operational strategy. The company added 195 new stores, focusing on self-operated outlets with a target of 1,000 more COCO stores by FY26. This expansion bodes well for Zota’s long-term growth potential, positioning the company favorably in the evolving Indian healthcare landscape. Investors should watch closely as Zota continues to capitalize on the shift towards affordable healthcare solutions.
