Fortis Healthcare's Q4FY23 reported a net profit of Rs 138 crore, which was a YoY increase of 59% due to higher occupancy rates and an increase in surgical volumes. The hospital revenues increased by 29.7% and EBITDA margins increased by 80 basis points to 17.3 %. The revenue from diagnostics dropped due to lower covid testing volumes. The ARPOB grew by 11.5% to Rs 57.476 crore. The company plans to expand its key facilities like FMRI, Shalimar Bagh, Mulund, and Mohali by over 500 beds each in the next few years.
