Max Healthcare Institute Limited — Others, 21-05-2025: Copy of Newspaper Publication
21-05-2025 | 07:12 pm
21-05-2025 | 07:12 pm
Max Healthcare has announced a board meeting on May 28, 2025, to approve the financial results for the quarter and half-year. Consolidated revenue from operations rose to INR 1909.74 Cr for the quarter and INR 7028.46 Cr for the year, with profit before exceptional items increasing to INR 402.50 Cr and INR 1480 Cr respectively. An exceptional expense of INR 73.63 Cr relates to permission fees tied to Jaypee Healthcare Limited, recently acquired for about INR 625 Cr. The merger of subsidiaries ALPS and MHASL is now effective, aiming to boost operational efficiency. A dividend of INR 1.50 per share is proposed, subject to shareholder approval.
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