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Aster DM Healthcare announced strong financial results for the quarter, with consolidated revenue rising to INR 1,077.87 Cr and profit reaching INR 93.56 Cr. The Board proposed a final dividend of INR 1/- per equity share for FY24-25, pending shareholder approval.
In a strategic move, the company is acquiring assets of Block D, adding 159 beds at Aster Whitefield Hospital, from its subsidiary for up to INR 80 Cr to enhance operational efficiency. Additionally, a new lease agreement was signed for a fourth multispecialty hospital in Bengaluru. The quarter included an exceptional expense of INR 4.39 Cr for professional fees related to a merger/acquisition.