Global Health Ltd. saw its shares jump more than 4% after reporting robust Q3 earnings, reflecting steady growth in revenue and profitability. As of 9:31 AM, the shares were trading 4.70% higher at Rs 1,090.05.
The healthcare provider posted a 12.8% year-on-year (YoY) increase in revenue, reaching ₹943.40 crore compared to ₹836.40 crore in the same period last year.
Earnings before interest, tax, depreciation, and amortization (EBITDA) rose by 10% to ₹237.70 crore from ₹215.80 crore. However, the EBITDA margin slightly dipped to 25.2% from 25.8%, indicating a marginal increase in operating costs. Despite this, the company’s net profit witnessed a solid 16% surge, climbing to ₹142.90 crore from ₹123.60 crore YoY.
Global Health shares opened today at ₹366.45, reaching a high of ₹373.40 and a low of ₹362.50. The stock’s 52-week high is ₹494.85, while its 52-week low stands at ₹338.40
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