Artemis Medicare Services Limited — Updates, 05-02-2025: Press Release
Consolidated Gross Revenue for Q3 FY25 stood at INR 2,431 Mn, reflecting a 6.3% year-on-year growth. EBITDA rose significantly by 34.4% to INR 463 Mn, and PAT soared by 78.3% to INR 206 Mn. The average gross revenue per occupied bed (ARPOB) reached its highest ever at INR 80,200, up from INR 77,900. Notably, revenue from overseas patients rose by 11.6%, contributing 30% to net revenue.
Artemis continues to focus on enhancing operational efficiencies and improving patient experience, including a partnership with Abhinav Bindra Targeting Performance for advanced physiotherapy services. The company is ramping up capacity at its third tower to cater to growing demand and plans to launch operations at a new facility in Raipur, expanding its reach into central India. This strategic focus positions Artemis for potential growth in a competitive healthcare landscape. Investors should watch closely for further developments as market dynamics evolve.
