Mumbai, May 25, 2018: Tejnaksh Healthcare Ltd., one of the leading healthcare player, has declared its financial results for the fourth quarter ended March 31, 2018. FY18 results .Revenues were at Rs.14.84 crore as against Rs. 7.47 crore in FY17, registered a growth of 98.67% BIDTA was at Rs. 5.15 crore as against Rs. 3.19 crore in FY17, registered a growth of 61.44% on year on year basis. Profit after tax (PAT) was at Rs. 3.22 crore as against Rs. 1.91 crore in FY17, registered growth of 68.59%
Q4 FY18 Results:
Revenues were at Rs. 7.52 crore as against Rs. 3.81 crore in Q4 FY17, registered a growth of 97.38%
Profit after tax (PAT) was at Rs. 1.50 crore as against Rs. 0.70 crore Q4 FY17, registered a growth of 114.29%
Commenting on the results, Mr. Ashish Rawandale Patil, Managing Director, said, “We are delighted to announce good set of numbers for the fourth quarter and full year. We have almost doubled our revenues and achieved good growth rate in our profits for FY18. Our acquired hospitals in Koparkhairne and Sion are progressing well and we are currently looking at adding more beds by acquiring more hospitals under lease model”
About Tejnaksh Healthcare Ltd.
Initiated with a vision to strengthen healthcare in rural India, Tejnaksh started its journey from Institute of Urology, a state of the art flagship, kidney care centre in Dhule in 2003. The only healthcare IPO from the area and the speciality, Tejnaksh has been an ardent believer of high ethical and professional standards and is focused on excellence in clinical services, diagnostic facilities and research. A recognized teaching institute by the Ministry of Health and Family welfare Tejnaksh provides quality healthcare services at 13 urology clinics, 4 urology hospitals and 2 dental super speciality clinics.
A path finder in innovations Tejnaksh has more than 150 research papers, 23 innovations, 13 patents applied, multiple national and international awards and to top it off, has multiple records in the Guinness Book, Limca Book, Asia & Ripley’s Book only to mention a few. Today Tejnaksh takes pride in manufacturing and distribution of many of its patented products. Being one of the leading innovative healthcare providing brands of the country Tejnaksh continues to fathom newer avenues, break through newer achievements and reach newer heights.