ALPHA TRIBE

Global Health LimitedImportant, 04-02-2025: Arrangements for strategic, technical, manufacturing, or marketing tie up

04-02-2025 | 04:37 pm

Global Health Limited's Board has approved the financial results for the quarter and nine months ended December 31, 2024, showing robust growth with total income at ₹28,172.35 Cr, increasing from ₹25,137.22 Cr YoY. The company reported a profit after tax of ₹3,799.40 Cr, surpassing ₹3,507.13 Cr from the previous year, driven by growth in healthcare services.

Additionally, plans for capacity expansion include a newly constructed 110-bed hospital in Ranchi, with an expected capital expenditure of up to ₹50 Cr to be financed through internal accruals. This strategic move is aimed at enhancing high-end tertiary healthcare services in the region.

The Board also approved the re-appointment of Ms. Praveen Mahajan as an Independent Director for a second term of five years, subject to shareholder approval. Overall, these developments indicate a positive outlook for Global Health, emphasizing their commitment to expanding their healthcare capabilities and services.

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