KOCHI:
Aster DM Healthcare, one of the leading integrated healthcare service providers in India, announced its financial results for the quarter ended September 30, 2024. Aster DM Healthcare reported a 16 percent year-on-year (y-o-y) revenue increase for Q2 FY25, reaching ₹1,086 crore, up from ₹934 crore in the same period last year.
Revenue saw an 18% year-over-year growth, reaching INR 2,088 Cr in H1 FY25 compared to INR 1,772 Cr in H1 FY24, while quarterly revenue increased 16% YoY to INR 1,086 Cr in Q2 FY25 from INR 934 Cr in Q2 FY24. Operating EBITDA also demonstrated substantial growth, rising 44% YoY to INR 410 Cr in H1 FY25 from INR 285 Cr in H1 FY24. The net profit, post non-controlling interest (NCI) surged by 88 per cent to ₹171 crore in the first half of 2025, compared to ₹91 crore in H1 FY24, while profit before tax (PBT) jumped 134 per cent y-o-y to ₹284 crore during the same period.
Commenting on the performance for H1 FY25, Dr. Azad Moopen, Founder and Chairman, Aster DM Healthcare, said: “We are pleased with the momentum built in the second quarter of FY25, which reflects our unwavering focus on operational excellence and capacity enhancement. In H1 FY25, our India business achieved 18% YoY growth, reaching INR 2,088 crores, driven by increased occupancy and growth in ARPOB. The steady growth across our core businesses, combined with strategic cost optimization, has significantly strengthened our margins with H1FY25 Operating EBITDA margins standing at 19.6%.
Dr. Moopen further added, “As we expand, with plans to surpass ~6,800 beds by FY27, Aster DM Healthcare is well-positioned to meet the increasing demand for advanced healthcare in India. I am pleased to share that 9 Aster Hospitals are now accredited in the new Digital Standards Published by NABH signifying our commitment to Digital Transformation. Amongst them 5 Hospitals have been accorded highest accreditation in Platinum category thus underscoring our leadership in digital healthcare transformation.”
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