Max Healthcare Institute Limited — Others, 20-05-2025: Change in Auditors
Max Healthcare has announced a board meeting on the financial results for the quarter and half-year, reporting audited consolidated revenue of ₹7,028 Cr and profit after tax of ₹1,076 Cr for the year. The board approved a final dividend of ₹1.50 per share, subject to shareholder approval. Expansion of Max Super Speciality Hospital, Nagpur, with ~100 new beds at a cost of ~₹118 Cr, will be funded through internal accruals and a term loan. Jaypee Healthcare was fully acquired for ~₹625 Cr and consolidated into the financials. S.R. Batliboi & Co. LLP appointed as new statutory auditor for five years. Divestment in Sandhya Hydro Power Projects completed for ₹1.28 Cr following termination of the power purchase agreement. Continuation of Mr. Anil Kumar Bhatnagar as Non-Executive Director approved, pending shareholder nod.
