Yatharth Hospital & Trauma Care Services Ltd

Yatharth Hospital & Trauma Care Services has officially inaugurated its new super speciality hospital in Model Town, New Delhi today. The newly launched hospital marks a significant expansion in the group's bed capacity, aimed at strengthening healthcare infrastructure in Delhi. Strategically built on approximately two acres of land, the facility houses 300 beds, including 70 critical care beds, to cater to patients requiring specialized and intensive treatment. Powered by Capital Market - Live

Yatharth Hospital & Trauma Care Services has announced the appointment of  Ashutosh Kumar Jha as Group Chief - Strategy, Mergers & Acquisitions (M&A), and Investor Relations. This strategic addition to the leadership team highlights Yatharth Hospitals' continued commitment to expanding its M&A initiatives and strengthening stakeholder engagement within the healthcare sector. Ashutosh brings with him nearly two decades of distinguished service in the healthcare sector. Prior to joining Yatharth Hospitals, he served as Chief - Strategy, M&A, Investor Relations and Organization Growth at Artemis Hospital, and earlier as Director and Head - Growth and M&A at Max Healthcare. In these roles, he played a pivotal role in both organic and inorganic growth initiatives, stakeholder positioning, and strategic project management. His extensive background also includes key roles at Global Growth Holdings, Bosch Group and Maruti Suzuki, with expertise spanning private equity, capital markets, investor relations, fundraising, corporate finance, and M&A. In his new role at Yatharth Hospitals, Ashutosh will be responsible for shaping and executing Yatharth's strategic initiatives, leading M&A activity, and fostering relationships with investors and strategic partners - crucial to Yatharth Hospitals' expansion and innovation in the healthcare services. Powered by Capital Market - Live

Net profit of Yatharth Hospital & Trauma Care Services rose 0.96% to Rs 38.72 crore in the quarter ended March 2025 as against Rs 38.35 crore during the previous quarter ended March 2024. Sales rose 30.40% to Rs 231.78 crore in the quarter ended March 2025 as against Rs 177.75 crore during the previous quarter ended March 2024. For the full year,net profit rose 14.04% to Rs 130.55 crore in the year ended March 2025 as against Rs 114.48 crore during the previous year ended March 2024. Sales rose 31.31% to Rs 880.49 crore in the year ended March 2025 as against Rs 670.55 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales231.78177.75 30 880.49670.55 31 OPM %24.6126.18 -25.0126.83 - PBDT61.4051.81 19 228.85186.13 23 PBT48.5344.11 10 171.74156.83 10 NP38.7238.35 1 130.55114.48 14 Powered by Capital Market - Live

Yatharth Hospital & Trauma Care Serv. will hold a meeting of the Board of Directors of the Company on 26 May 2025.Powered by Capital Market - Live

Net profit of Yatharth Hospital & Trauma Care Services rose 3.39% to Rs 30.49 crore in the quarter ended December 2024 as against Rs 29.49 crore during the previous quarter ended December 2023. Sales rose 31.40% to Rs 219.16 crore in the quarter ended December 2024 as against Rs 166.79 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales219.16166.79 31 OPM %25.0627.83 - PBDT57.0751.64 11 PBT40.1643.78 -8 NP30.4929.49 3 Powered by Capital Market - Live

Yatharth Hospital & Trauma Care Serv. will hold a meeting of the Board of Directors of the Company on 27 January 2025.Powered by Capital Market - Live

The key equity indices traded with substantial losses in mid-morning trade, mirroring the negative sentiment in the global markets after the US Federal Reserve's interest rate decision. The Nifty hovered below the 24,000 level. Financial services shares witnessed selling pressure for the fourth consecutive trading session. At 11:29 IST, the barometer index, the S&P BSE Sensex, tumbled 915.88 points or 1.14% to 79,266.32. The Nifty 50 index dropped 242.15 points or 1% to 23,956.70. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index slipped 0.40% and the S&P BSE Small-Cap index fell 0.36%. The market breadth was weak. On the BSE, 1,484 shares rose and 2,302 shares fell. A total of 136 shares were unchanged. IPO Update: The initial public offer (IPO) of Sanathan Textiles received bids for 12,23,048 shares as against 1,26,22,950 shares on offer, according to stock exchange data at 11:10 IST on 19 December 2024. The issue was subscribed to 0.10 times. The issue opened for bidding on 19 December 2024 and it will close on 23 December 2024. The price band of the IPO is fixed between Rs 305 and Rs 321 per share. An investor can bid for a minimum of 46 equity shares and in multiples thereof. The initial public offer (IPO) of DAM Capital Advisors received bids for 93,57,786 shares as against 2,08,04,632 shares on offer, according to stock exchange data at 11:10 IST on 19 December 2024. The issue was subscribed to 0.45 times. The issue opened for bidding on 19 December 2024 and it will close on 23 December 2024. The price band of the IPO is fixed between Rs 269 and Rs 283 per share. An investor can bid for a minimum of 53 equity shares and in multiples thereof. The initial public offer (IPO) of Transrail Lighting received bids for 57,52,426 shares as against 1,39,16,742 shares on offer, according to stock exchange data at 11:10 IST on 19 December 2024. The issue was subscribed to 0.41 times. The issue opened for bidding on 19 December 2024 and it will close on 23 December 2024. The price band of the IPO is fixed between Rs 410 and Rs 432 per share. An investor can bid for a minimum of 34 equity shares and in multiples thereof. The initial public offer (IPO) of Concord Enviro Systems received bids for 8,59,656 shares as against 50,15,356 shares on offer, according to stock exchange data at 11:10 IST on 19 December 2024. The issue was subscribed to 0.17 times. The issue opened for bidding on 19 December 2024 and it will close on 23 December 2024. The price band of the IPO is fixed between Rs 665 and Rs 701 per share. An investor can bid for a minimum of 21 equity shares and in multiples thereof. The initial public offer (IPO) of Mamata Machinery received bids for 1,60,12,805 shares as against 51,78,227 shares on offer, according to stock exchange data at 11:10 IST on 19 December 2024. The issue was subscribed to 3.09 times. The issue opened for bidding on 19 December 2024 and it will close on 23 December 2024. The price band of the IPO is fixed between Rs 230 and Rs 243 per share. An investor can bid for a minimum of 61 equity shares and in multiples thereof. Buzzing Index: The Nifty Financial Services index declined 1.39% to 23,862.25. The index fell 4.09% in four consecutive trading sessions. Bajaj Finance (down 2.31%), Power Finance Corporation (down 2.21%), Cholamandalam Investment & Finance Company (down 2.17%), Bajaj Finserv (down 1.93%), ICICI Bank (down 1.78%), REC (down 1.68%), Kotak Mahindra Bank (down 1.57%), Axis Bank (down 1.45%), HDFC Asset Management Company (down 1.38%) and LIC Housing Finance (down 1.38%) declined. Stocks in Spotlight: Yatharth Hospital & Trauma Care Services added 1.60% after the company's board has approved the opening of issue of qualified institutional placement (QIP) of equity shares with the floor price of Rs 626.18 per equity share. Hubtown rose 0.78%. The company's subsidiary, Rare Townships, announced a development management agreement with Gopani Realty LLP (GRL) for the development of the 'Rising City' project in Ghatkopar, Mumbai. Cummins India slipped 3.43%. The company's board has approved appointment of Prasad Kulkarni, as interim chief financial officer (CFO) and key managerial personnel of the company with effect from 10 January 2025, until a new CFO is appointed by the board. Global Markets: Asian stocks fell on Thursday, with technology shares leading the decline. This followed the Federal Reserve's decision to cut interest rates by 25 basis points on Wednesday, its third consecutive rate reduction. However, the Fed hinted at fewer rate cuts in 2025 due to persistent inflation and a resilient economy. Investors are now focused on the Bank of Japan's policy decision later today. Market sentiment is divided over whether the bank will opt for a rate hike or maintain its current stance. The Fed's rate cut brought the target range to 4.25%-4.50%. While Chair Jerome Powell emphasized that future rate reductions would depend on inflation progress, the central bank's updated economic projections suggest a less dovish stance than previously anticipated. Policymakers now foresee two 25-basis-point rate cuts next year, compared to the four cuts projected in September. The Fed's projections also indicate that inflation remains above the 2% target. It expects inflation to be 2.4% this year and 2.5% next year. Additionally, the central bank forecasts slightly stronger economic growth and lower unemployment in 2025. The prospect of higher-for-longer interest rates weighed heavily on Wall Street on Wednesday. Technology stocks bore the brunt of the sell-off, with NVIDIA, Tesla, Intel, and Broadcom experiencing significant declines. The S&P 500 fell 3%, the NASDAQ Composite dropped 3.6%, and the Dow Jones Industrial Average declined 2.6%. The Dow's 10-day losing streak is its longest since 1974. Powered by Capital Market - Live

The company's board authorized and declared the opening of the issue on Wednesday, 18 December 2024. The floor price of Rs 626.18 is at a premium of 1.87% to the scrip's previous closing price of Rs 614.65 on the BSE. The company stated that it may offer a discount of not more than 5% on the floor price so calculated for the issue. Yatharth Hospital & Trauma Care Services (Yatharth Hospitals) is one of North India's leading healthcare providers, known for its commitment to delivering high-quality medical care through a network of state-of-the-art facilities. It operates five super specialty hospitals located in North India, i.e., at Noida, Greater Noida, Noida Extension, and Faridabad in Delhi NCR, and Jhansi-Orchha in Madhya Pradesh. The company's consolidated net profit increased 12.31% to Rs 31 crore on 27.14% rise in revenue from operations to Rs 217.80 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

Yatharth Hospital & Trauma Care Serv. announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 6 December 2024 .Powered by Capital Market - Live

CRISIL Ratings has assigned the corporate credit rating of 'CRISIL A-/ Stable' to Yatharth Hospital & Trauma Care Services. Powered by Capital Market - Live