Hyderabad (Telangana) [India], May 16 (ANI/PRNewswire): Rainbow Children's Medicare Limited (RCML), a leading multi-specialty pediatric and perinatal care hospital chain in India, has announced its financial results for the fourth quarter and fiscal year ending on March 31st, 2023. The compa
The firm said its net interest income (NII) went up 25.7 per cent to Rs 892.6 during the March quarter, against Rs 710 crore in the corresponding quarter the previous year.
The firm's revenue was at Rs 316.96 crore, against Rs 212.44 crore in the corresponding quarter of the previous year. Its earnings before interest, taxes, depreciation, and amortisation (Ebitda) was Rs 98 crore in the quarter under review, against Rs 48.13 crore in the year-ago period.
According to a statement from the company, total revenue from operation rose by 21.2 per cent to Rs 8,025 crore for the March quarter, against Rs 6,617 crore in the year-ago period.
Revenue from sales went up 10.91 per cent to Rs 8,750.85 crore, against Rs 7,889.94 crore in the year-ago period. Revenue from operations rose 11.33 to Rs 8,787.34 crore, against Rs 7,892.67 crore during the corresponding period in the previous year.
The benchmark indices of the domestic equity markets on Monday recovered the losses made on Friday, tracking strong global cues. The better-than-estimates earnings also helped investors' sentiments.
According to the statement shared with exchanges, the firm's Ebitda zoomed 371.45 per cent to Rs 35.17 crore, against Rs 7.45 crore in the corresponding quarter. Revenue from operations of the firm went up 245.14 per cent to Rs 95.88 crore in the reviewed quarter, against Rs 27.78 crore.
In the reviewed quarter, the bank had strong growth in terms of advances and deposits year-on-year, while a sharp decline has been seen in gross non-performing assets (NPA). Interest margins expanded further annually.
Total revenue from operations came in at 4,023.18 crore during the reviewed quarter, against Rs 3,550.45 crore in the same quarter last year, which registered a 13.31 per cent growth, according to a statement shared with exchanges.
According to a statement shared with stock exchanges, the lender's operating profit grew 67.20 per cent to Rs 1,334.58 crore in the reviewed quarter, against Rs 798.20 crore in the corresponding period the previous year.
According to the statement from the air conditioning and commercial refrigeration firm, its revenue during the reviewed quarter grew 16 per cent to Rs 2,624 crore, against Rs 2,254 crore in the year-ago period.