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Mahesh Makhija, Founder, Chairman & Managing Director, QMS Medical Allied Services Limited
QMS Medical Allied Services, a leading holistic healthcare management solutions company, reported its financial results for Q1FY25.
|
Particulars |
Q1FY25 |
Q1FY24 |
YoY Growth (%) |
Q4FY24 |
QoQ Growth (%) |
FY2024 |
|
Operating Income (Rs. Lakh) |
3036.74 |
2595.90 |
16.98 |
3229.00 |
-5.95 |
12212.80 |
|
EBITDA (Rs. Lakh) |
495.03 |
474.05 |
4.43 |
406.19 |
21.87 |
1880.15 |
|
PAT (Rs. Lakh) |
239.52 |
246.04 |
-2.65 |
153.91 |
55.62 |
900.24 |
|
EPS (In Rs.) |
1.34 |
1.38 |
-2.90 |
0.86 |
55.81 |
5.04 |
Q1FY25 vs. Q4FY24 (QoQ) Performance
The company posted an operating revenue of Rs 30.37 crore for the first quarter ended June 30, 2024. As compared to Q4FY24, the company posted a 22% growth in EBIDTA to Rs. 4.95 crore in Q1FY25. The company’s net profit stood at Rs. 2.40 crore in Q1FY25, up 56% from Rs. 1.54 crore in Q4FY24. The growth in margins indicated the shift from providing products to solutions for its clientele during the quarter.
Q1FY25 vs. Q1FY24 (YoY) Performance
On a year-on-year basis (YoY), the company’s operating income improved by 17%, while EBITDA clocked a 4% jump in Q1FY25 as compared to Q1FY24.
Commenting on the results, Mahesh Makhija, Founder, Chairman & Managing Director, QMS Medical Allied Services Limited, said, “The quarter was headlined by India’s national elections, which led to lower activation and on-ground programs. However, the operating margins improved owing to the company’s ongoing shift from products to solutions ecosystem play. The quarter also witnessed the acquisition of a 51% stake in Saarathi Healthcare – which has added a new dimension to the company’s opportunity landscape.”
Recently, the Mumbai-headquartered company successfully completed the 51% acquisition of Saarathi Healthcare Pvt Ltd, marking a significant milestone in the company's growth and strategic expansion.