ALPHA TRIBE

Medico Intercontinental LtdBoard Meeting, 14-08-2025: Board Meeting

14-08-2025 | 01:50 pm

Medico Intercontinental Limited's board has approved the financial results for the quarter ended June. Standalone results show a profit of 0.56 Cr on revenue of 13.71 Cr. Consolidated results, however, report a loss of 2.49 Cr on revenue of 21.35 Cr. The company also announced its Annual General Meeting to be held via video conferencing, with details on book closure and e-voting. A significant accounting policy change for joint ventures was adopted, shifting from proportionate consolidation to the equity method, leading to restatement of prior period consolidated figures for comparability.

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