Metropolis Healthcare Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 08, 2022 at 11:14 am
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Metropolis Healthcare Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 3,003.49 million compared to INR 3,026.2 million a year ago. Revenue was INR 3,046.84 million compared to INR 3,081.92 million a year ago. Net income was INR 403.31 million compared to INR 582.67 million a year ago. Basic earnings per share from continuing operations was INR 7.88 compared to INR 11.39 a year ago. Diluted earnings per share from continuing operations was INR 7.85 compared to INR 11.34 a year ago.
For the six months, sales was INR 5,802.08 million compared to INR 6,293.84 million a year ago. Revenue was INR 5,875.82 million compared to INR 6,387.2 million a year ago. Net income was INR 737.29 million compared to INR 1,331.57 million a year ago. Basic earnings per share from continuing operations was INR 14.4 compared to INR 26.04 a year ago. Diluted earnings per share from continuing operations was INR 14.35 compared to INR 25.92 a year ago.
Metropolis Healthcare Limited is an India-based company, which is engaged in providing diagnostic services. The Company operates through the pathology services segment. The Company offers a range of clinical laboratory tests and profiles, which are used for prediction, early detection, diagnostic screening, confirmation, and monitoring of the disease. The Company also offers analytical and support services to clinical research organizations for their clinical research projects. Its services include pathology testing services, corporate wellness, lab in hospitals and clinical research services. The Company offers a range of tests and profiles that include advanced tests in diagnosis of cancer, neurological disorders, infectious diseases, and an array of genetic abnormalities. It owns a chain of diagnostic centers across India, South Asia, Africa, and the Middle East. The Company has spread its footprint across 20 Indian states and over 220 cities.