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LIC Sees 10% Profit Growth to ₹10,461 Crore in Q1; Considers Majority Stake in Health Insurance Firm
Total income of LIC rose to ₹2,10,910 crore for the quarter ended June 2024, from ₹1,88,749 crore a year ago, according to a regulatory filing by the insurer.
Mankind Pharma Secures Bharat Serums and Vaccines in ₹13,630 Crore Deal
According to a statement issued by the company, "Mankind Pharma has signed and closed definitive agreements to acquire 100% shareholding of BS;V, valuing the transaction at approximately Rs 13,630 crores.".
Fortis Healthcare Q4 Net Profit Soars 47% to Rs 203 Crore
The company's operational revenue saw an 8.7 percent year-on-year rise in Q4 FY24, amounting to Rs 1,786 crore, up from Rs 1,643 crore reported in Q4 FY23.
Medanta Hospitals Witnesses Impressive 25% Surge in Q4 Net Profit to Rs 127 Crore
The Dr. Naresh Trehan-led healthcare major posted a 14 per cent increase in revenue from operations at Rs 808 crore during the fourth quarter compared to Rs 707 crore in the same quarter last year.
Pristyn Care Records Impressive 45% Revenue Growth in FY23, Reports Losses at Rs 383 Crore
Backed by Tiger Global, the firm witnessed a surge in operating income, climbing from Rs 313 crore in FY22 to Rs 453 crore in FY23, as disclosed in its financial statements from the Registrar of Companies (RoC).
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