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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.