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FORTIS Diversified 14 Feb 2024

Fortis Healthcare Limited — Q3 FY24

Fortis Healthcare reported a satisfactory Q3 FY24 with consolidated revenue of INR 1,680 crore (+8% YoY) and operating EBITDA margin of 16.9% (down 80bps YoY).

bullish high
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Revenue ₹1,680 Cr +8%
EBITDA
PAT ₹134 Cr -3%
EBITDA Margin 17% -80bps
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter1
Delivered0
Missed1

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q2 FY24

250 beds to be added in FY24

Brownfield expansions at Mulund, Anandapur, BG Road, and Ludhiana will add approximately 250 beds in the current financial year.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1