{"id":27276,"date":"2024-05-25T10:08:19","date_gmt":"2024-05-25T04:38:19","guid":{"rendered":"https:\/\/marudharchronicle.com\/index.php\/2024\/05\/25\/qms-medical-allied-services-fy24-pat-up-by-41-percent\/"},"modified":"2024-05-25T10:08:19","modified_gmt":"2024-05-25T04:38:19","slug":"qms-medical-allied-services-fy24-pat-up-by-41-percent","status":"publish","type":"post","link":"https:\/\/marudharchronicle.com\/index.php\/2024\/05\/25\/qms-medical-allied-services-fy24-pat-up-by-41-percent\/","title":{"rendered":"QMS Medical Allied Services FY24 PAT up by 41 Percent"},"content":{"rendered":"<div>\n<div>\n<p><strong>Mumbai (Maharashtra) [India], May 25:<\/strong> QMS Medical Allied Services Limited (NSE: QMSMEDI),\u00a0engaged in the marketing and distribution of a wide range of medical products, as well as prioritizing Patient Services Programs, has announced its Audited Financial Results for FY24 &amp; Q4 FY24.<\/p>\n<p><strong>Key Financial Highlights\u00a0FY24<\/strong><\/p>\n<p>\u2022\u00a0Total Income of\u00a0\u20b9\u00a0122.58 Cr, YoY growth of 16.99%<\/p>\n<p>\u2022\u00a0EBITDA of\u00a0\u20b9\u00a018.80 Cr, YoY growth of 55.83%<\/p>\n<p>\u2022\u00a0EBITDA Margin of 15.34%, YoY growth of 382 Bps<\/p>\n<p>\u2022\u00a0PAT of\u00a0\u20b9\u00a09.00 Cr, YoY growth of 41.14%<\/p>\n<p>\u2022\u00a0PAT (%) of 7.34%, YoY growth of 126 Bps<\/p>\n<p>\u2022\u00a0EPS of\u00a0\u20b9\u00a05.04, YoY growth of 29.23%<\/p>\n<p><strong>Key Highlights\u00a0For\u00a0FY24<\/strong><\/p>\n<p>\u2022\u00a0The Company announced Final Dividend of\u00a0\u20b9\u00a00.5\u00a0(5%)\u00a0per share\u00a0against the face value of\u00a0\u20b9\u00a010 per share.<\/p>\n<p>\u2022\u00a0The company reported operating cash flow of\u00a0\u20b9\u00a01.36 Cr for FY24 an\u00a0Vs\u00a0\u20b9\u00a0(-7.54)\u00a0Cr in FY23.\u00a0<\/p>\n<p><a><\/a>Commenting on the performance, Mr. Mahesh Makhija, Chairman and Managing Director, mentioned, \u201cI am pleased to highlight the commendable growth trajectory of QMS Medical Allied Services Limited during the reported period. Our significant increase in financial performance has been driven by a surge in our patient service programs, efforts to widen healthcare access, and our commitment to advancing nationwide well-being.<\/p>\n<p>Our recent acquisition of Saarthi Healthcare Private Limited will play a crucial role in our future &amp; will enable us to provide a highly comprehensive portfolio of services further solidifying our industry position.<\/p>\n<p>We are strategically expanding our healthcare services and reach, positioning ourselves to leverage opportunities within India\u2019s burgeoning pharma and healthcare industry. Our commitment to innovation, patient outcomes, and sustainability will drive our continued success.\u201d\u00a0<\/p>\n<p><strong>Key Highlights\u00a0For\u00a0Q4\u00a0FY24<\/strong><\/p>\n<figure class=\"wp-block-table\">\n<table>\n<tbody>\n<tr>\n<td>Conducted Patient Service Programs\u00a0<\/td>\n<td>\u00a0 \u2022\u00a0Conducted over 25,000 patient service programs in FY23-FY24. \u2022\u00a0Benefitted 2 lakh individuals nationwide with advanced diagnostics and lifestyle management consultations. \u00a0<\/td>\n<\/tr>\n<tr>\n<td>Saarathi Healthcare Acquisition<\/td>\n<td>\u00a0 \u2022 Expands into patient services ve<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], May 25: QMS Medical Allied Services Limited (NSE: QMSMEDI),\u00a0engaged in the marketing and distribution of a wide range of medical products, as&hellip; <\/p>\n","protected":false},"author":1,"featured_media":27277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[656],"class_list":["post-27276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/27276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/comments?post=27276"}],"version-history":[{"count":0,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/27276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/media\/27277"}],"wp:attachment":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/media?parent=27276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/categories?post=27276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/tags?post=27276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}