ALPHA TRIBE

Kovai Medical Center & Hospital LtdOthers, 22-07-2025: AGM/EGM

22-07-2025 | 03:54 pm

Kovai Medical Center and Hospital reported strong financial performance for the year, with operating income increasing 12.43% to ₹1,371.11 crore and profit after tax rising to ₹208.95 crore. The Board proposed a ₹10 per share dividend (100%). Operations expanded, with inpatient volumes up 7.44% and outpatient up 3.52%. The company invested ₹33.58 crore in advanced medical equipment and is planning a 300-400 bed hospital in Chennai. Shareholders will vote on director re-appointments and an increased borrowing limit of ₹2,500 crore, secured by company assets, to support future growth and technology upgrades.

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