Artemis Medicare Services Ltd's Q3FY25 Quarter Results
Artemis Medicare Services Ltd's revenue increased 9.3% YoY
- 06 Feb 2025
Result Summary
- Artemis Medicare Services Ltd reported a 3.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 9.3%.
- Its expenses for the quarter were down by 1.8% QoQ and up 5.0% YoY.
- The net profit decreased 6.9% QoQ and increased 78.4% YoY.
- The earnings per share (EPS) of Artemis Medicare Services Ltd stood at 1.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 241.19 | 248.86 | 220.57 | -3.1% | 9.3% |
Total Expenses | 214.38 | 218.31 | 204.26 | -1.8% | 5.0% |
Profit Before Tax | 26.81 | 30.55 | 16.31 | -12.2% | 64.4% |
Tax | 6.21 | 8.42 | 4.76 | -26.2% | 30.5% |
Profit After Tax | 20.60 | 22.13 | 11.55 | -6.9% | 78.4% |
Earnings Per Share | 1.30 | 1.40 | 0.80 | -7.1% | 62.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
## Company Overview
Artemis Medicare Services Ltd is a prominent player in the healthcare industry, primarily engaged in providing a wide range of healthcare services. The company operates hospitals and healthcare facilities, offering services that cover various medical specialties and patient care needs. Recent developments in the healthcare industry, such as advancements in medical technologies and increasing demand for quality healthcare services, potentially impact the company. However, specific recent major developments about Artemis Medicare Services Ltd are not available in the provided data.
## Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Artemis Medicare Services Ltd reported a total income of ₹241.19 crores. This reflects a decrease of 3.1% from the previous quarter (Q2FY25), where the total income was ₹248.86 crores. However, there is a notable year-over-year increase of 9.3% compared to Q3FY24, when the total income was ₹220.57 crores. This indicates a positive annual growth trajectory in terms of revenue generation. The financial data reveals that the company is continuing to grow its revenue base on an annual basis despite a slight quarterly dip.
## Profitability
Artemis Medicare Services Ltd reported a profit before tax of ₹26.81 crores in Q3FY25, which represents a 12.2% decrease from the previous quarter's ₹30.55 crores. However, when compared year-over-year with Q3FY24, there is a substantial increase of 64.4%, as the profit before tax was ₹16.31 crores in the prior year. The company's profit after tax for Q3FY25 stood at ₹20.60 crores, showing a 6.9% decline from ₹22.13 crores in Q2FY25, yet a significant 78.4% increase from ₹11.55 crores in Q3FY24. The earnings per share in Q3FY25 was ₹1.30, reflecting a decrease of 7.1% from the previous quarter but an increase of 62.5% from Q3FY24.
## Operating Metrics
The total expenses for Artemis Medicare Services Ltd in Q3FY25 were ₹214.38 crores, showing a 1.8% decrease from the previous quarter's ₹218.31 crores. In comparison to Q3FY24, total expenses increased by 5.0% from ₹204.26 crores. The tax expense for Q3FY25 was ₹6.21 crores, a 26.2% decrease from Q2FY25's ₹8.42 crores but a 30.5% increase from ₹4.76 crores in Q3FY24. These metrics suggest cost management dynamics within the company, reflecting the fluctuations in both expenses and tax liabilities over time. The financial data provides insight into the operational cost structure and tax impact on the company's financials.
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