Healthcare Firm Declares 37.4% Jump In Q3 PAT, Maiden Dividend After Feb 29 Listing

Small cap company from the hospital industry, GPT Healthcare Ltd shares surged marginally by 0.30% to settle at Rs 167.75 per share as it announced an interim dividend of Re 1 per equity share i.e. 10%. The company fixed April 1, 2024 as the record date for interim dividend. GPT Healthcare declared its net profit for the quarter ending December 31, 2023 at Rs 11.47 crore, up 37.4% as against the profit of Rs 8.35 crore declared in the corresponding quarter of last year.

The company's total income for December 31 quarter declared at Rs 97.76 crore, up 4.18% as against Rs 93.84 crore declared in the similar quarter of last year. EBITDA of GPT stood at Rs 22.2 crore, up 4.6% YoY and EBITDA margin came at 23%.

The revenue from operations of GPT Healthcare for December 31, 2023 quarter announced at Rs 96.59 crore as compared to Rs 92.98 crore in the same quarter of last year. The company's EPS for Dec 2023 quarter declared at Rs 1.44 from Rs 1.05 in December 2022 quarter.

GPT Healthcare Declares Interim Dividend: As per the BSE filing of the company dated March 19, 2023, "the Board of Directors of the Company at their meeting held today, i.e. March 19 2024, have declared second Interim Dividend at the rate of 10% (Re 1.00 per share) on the face value of the equity shares (Rs. 10/- each) of the Company, for the financial year 2023-24. The Company is expecting to pay the interim dividend to the shareholders on or before April 17, 2024."

GPT Healthcare Shares Performance & Return: Last trading price of GPT Healthcare share on BSE is Rs 167.75 per share. The 52-week high price of GPT Healthcare shares is Rs 219.70 apiece and 52-week low price is Rs 139.60 apiece, respectively. The company has a market capitalisation of Rs 1,376.47 crore. GPT Healthcare shares zoomed 10.69% in last 1-week and declined 5.76% in last 2-weeks.

GPT Healthcare About: GPT Healthcare Limited is the Healthcare arm of GPT Group, which owns and operates Multispeciality neighbourhood tertiary care hospitals in Eastern India, under the ILS Hospitals brand. Currently it operates 4 hospitals totaling to 560+ beds across Eastern India with a vision to grow to 1000+ beds in the next 3 years, according to its official website.

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