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Kovai Medical Center & Hospital LtdUpdates, 29-05-2025: Company Update

29-05-2025 | 10:24 am

Kovai Medical Center and Hospital Limited has announced a board meeting outcome including approval of the financial results for the quarter and financial year ended March 31, 2025, with auditors giving an unmodified opinion. The board has proposed a final dividend of 100% on equity capital, subject to shareholder approval. Dr. Thavamani Devi Palaniswami is reappointed as Joint Managing Director for five years, subject to approval. The 39th Annual General Meeting will be convened, with record dates fixed for dividend entitlement. Cost, secretarial, and internal auditors have been reappointed for FY 2025-26. Revenue from operations rose to ₹1,369.74 Cr with net profit at ₹208.95 Cr for the year, driven by healthcare and education segments. Net cash from operations grew to ₹353.91 Cr, while significant investments were made in property and equipment. Borrowings increased to support expansion, maintaining healthy equity growth to ₹1086.16 Cr.

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