Narayana Hrudayalaya Ltd. — Important, 01-08-2025: Updates
01-08-2025 | 07:03 pm
01-08-2025 | 07:03 pm
Company's board has approved the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations rose to Rs 1,507.27 Cr, with net profit from continuing operations at Rs 196.05 Cr. The board also seeks shareholder approval to issue debt securities up to Rs 2,500 Cr via private placement. A merger scheme for subsidiary Meridian Medical Research & Hospital Ltd. is progressing, with a determined share swap ratio of 1 company share for every 2 MMRHL shares. Additionally, a subsidiary's hospital operations (NVD) will be discontinued, leading to an Rs 8.36 Cr write-down, while another subsidiary invested Rs 14.64 Cr in a new cancer treatment joint venture.
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