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Aster DM Healthcare reports 93 percent fall in Q1 profit
Bengaluru: India's Aster DM Healthcare reported a nearly 93% fall in its first-quarter profit on Monday, its fourth straight quarterly profit fall, dragged by losses from its new hospitals and a one-time tax expense.The company's consolidated net profit fell to 49 million rupees (nearly $590,000) for the quarter ended June 30, compared with 685.4 million rupees a year earlier.Aster DM's...
Bengaluru: India's Aster DM Healthcare reported a nearly 93% fall in its first-quarter profit on Monday, its fourth straight quarterly profit fall, dragged by losses from its new hospitals and a one-time tax expense.
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751