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Medi Assist Healthcare Services LimitedResults, 05-02-2025: Integrated Filing- Financial

05-02-2025 | 10:21 pm

Medi Assist Healthcare Services Limited has announced a board meeting to review the integrated financials for the quarter and nine months ended December 31, 2024. For this period, the company reported a total income of ₹1904.01 crore, reflecting significant revenue growth driven by customer contracts. Total expenses rose to ₹1631.96 crore, primarily due to increased employee benefits and operational costs, resulting in a profit before tax of ₹208.49 crore. The board has also approved a plan to raise up to ₹3500 crore through equity or convertible instruments, enhancing financial flexibility. Investors may view this positively as the initiative indicates growth ambitions and capital readiness.

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