Fortis Healthcare Ltd's Q3FY25 Quarter Results
Fortis Healthcare Ltd's revenue increased 15.6% YoY
- 08 Feb 2025
Result Summary
- Fortis Healthcare Ltd reported a 2.6% 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 15.6%.
- Its expenses for the quarter were up by 0.6% QoQ and 11.9% YoY.
- The net profit increased 31.7% QoQ and increased 89.5% YoY.
- The earnings per share (EPS) of Fortis Healthcare Ltd stood at 3.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1949.15 | 2001.63 | 1686.49 | -2.6% | 15.6% |
Total Expenses | 1695.62 | 1685.04 | 1515.58 | 0.6% | 11.9% |
Profit Before Tax | 277.33 | 256.82 | 178.62 | 8.0% | 55.3% |
Tax | 25.09 | 67.97 | 48.92 | -63.1% | -48.7% |
Profit After Tax | 254.30 | 193.08 | 134.23 | 31.7% | 89.5% |
Earnings Per Share | 3.30 | 2.30 | 1.80 | 43.5% | 83.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
## Company Overview
Fortis Healthcare Ltd is a prominent player in the healthcare industry, primarily engaged in providing healthcare services. The company operates a network of hospitals offering a range of services including diagnostics, specialty care, and general healthcare services. Fortis Healthcare is recognized for its commitment to quality healthcare and patient satisfaction. Its operations span across various geographic regions, contributing to a comprehensive healthcare delivery system. While specific recent developments are not detailed in the data provided, the company continues to be a significant entity in the healthcare sector, focusing on expanding its services and enhancing patient care.
## Revenue
During the third quarter of fiscal year 2025 (Q3FY25), Fortis Healthcare Ltd reported a total income of ₹1949.15 crores. This figure represents a 15.6% increase compared to the same quarter in the previous fiscal year (Q3FY24), which recorded total income of ₹1686.49 crores. On a quarter-over-quarter basis, there was a slight decline of 2.6% from the second quarter of fiscal year 2025 (Q2FY25), where total income was ₹2001.63 crores. The year-over-year growth in revenue reflects an upward trend in the company's income generation capabilities over the past year.
## Profitability
In Q3FY25, Fortis Healthcare achieved a profit before tax of ₹277.33 crores, marking a significant year-over-year increase of 55.3% from ₹178.62 crores in Q3FY24. The quarter-over-quarter growth in profit before tax was 8.0% from Q2FY25, where the figure stood at ₹256.82 crores. Notably, the profit after tax for Q3FY25 surged to ₹254.30 crores, demonstrating an 89.5% increase from Q3FY24 and a 31.7% rise from Q2FY25. This substantial growth in profitability is further highlighted by the increase in earnings per share, which rose by 83.3% year-over-year and 43.5% quarter-over-quarter, reaching ₹3.30 in Q3FY25.
## Operating Metrics
Fortis Healthcare reported total expenses of ₹1695.62 crores in Q3FY25, which reflects an 11.9% increase from ₹1515.58 crores in Q3FY24. The expenses increased marginally by 0.6% from Q2FY25, where total expenses were ₹1685.04 crores. The tax paid in Q3FY25 was significantly lower at ₹25.09 crores compared to ₹67.97 crores in Q2FY25, representing a 63.1% quarter-over-quarter decrease. Year-over-year, the tax expense decreased by 48.7% from ₹48.92 crores in Q3FY24. These figures suggest variations in the company's operational costs and tax obligations over the reported periods.
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