December 9, 2023

Healthcare Global

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Healthcare Global Enterprises Q2 FY24 results: profit rise by 83.88% YOY

According to the results declared on 09 Nov, 2023, the company’s revenue increased by 15.92% compared to the same quarter last year.

The profit also witnessed a significant growth of 83.88% year-over-year.

In comparison to the previous quarter, the revenue grew by 5.71% and the profit increased by 78.32%.

The company’s Selling, General & Administrative expenses rose by 0.34% quarter-over-quarter and increased by 12.92% year-over-year.

On the other hand, the operating income showed a positive trend with a growth of 25.09% quarter-over-quarter and 22.29% year-over-year.

The earnings per share (EPS) for the second quarter of fiscal year 2024 stood at 0.97, representing a significant increase of 83.02% year-over-year.

Healthcare Global Enterprises has also delivered impressive returns for its investors.

In the last 1 week, the company’s stock has provided a return of 0.21%.

Over the last 6 months, the stock has performed exceptionally well, delivering a return of 35.11%.

Year-to-date, the stock has generated a return of 29.8%.

The company currently has a market capitalization of 5195.61 Cr and its 52-week high and low are 380.35 and 253.15 respectively.

Analysts have also shown positive sentiment towards Healthcare Global Enterprises.

Out of 6 analysts covering the company, 4 analysts have given a Buy rating and 2 analysts have given a Strong Buy rating.

As of 12 Nov, 2023, the consensus recommendation for the stock was to Strong Buy.

Healthcare Global Enterprises Financials

Period Q2 FY24 Q1 FY24 Q-o-Q Growth Q2 FY23 Y-o-Y Growth
Total Revenue 485.96 459.71 +5.71% 419.21 +15.92%
Selling/ General/ Admin Expenses Total 77.16 76.9 +0.34% 68.33 +12.92%
Depreciation/ Amortization 43.21 41.01 +5.36% 40.83 +5.83%
Total Operating Expense 445.52 427.38 +4.24% 386.14 +15.38%
Operating Income 40.44 32.33 +25.09% 33.07 +22.29%
Net Income Before Taxes 17.92 10.52 +70.34% 10.02 +78.84%
Net Income 13.57 7.61 +78.32% 7.38 +83.88%
Diluted Normalized EPS 0.97 0.54 +79.63% 0.53 +83.02%


Question : What is the Q2 FY24 profit/Loss as per company?

Ans : ₹13.57Cr

Question : What is Q2 FY24 revenue?

Ans : ₹485.96Cr

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Updated: 12 Nov 2023, 02:15 AM IST