Artemis Medicare Services Limited — Others, 12-05-2025: Change in Auditors

Artemis Medicare Services Ltd. has announced a board meeting outcome including approval of the financial results for the quarter and year ended March 31, 2025. The Board has proposed a final dividend of Re. 0.45 per share for FY25, subject to shareholder approval. Leadership changes include the appointment of Mr. Sunam Sarkar as Additional Non-Executive Director, the resignation of Dr. Nirmal Kumar Ganguly, and the completion of Ms. Deepa Gopalan Wadhwa’s term as Independent Director. Standalone revenue rose to ₹913.26 Cr with net profit nearly doubling to ₹83.46 Cr. Consolidated revenue increased to ₹936.91 Cr, with net profit up to ₹82.18 Cr. Growth is driven by healthcare services expansion domestically and internationally. Capital expenditure and investments grew, supported by ₹330 Cr raised through Compulsorily Convertible Debentures from IFC, boosting financial flexibility. Operating cash flow improved, aiding expansion and debt servicing. Auditor’s reports are clean, confirming sound financial reporting.