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FORTIS Diversified 15 May 2024

Fortis Healthcare Limited — Q4 FY24

Fortis Healthcare reported a strong Q4 FY24 with consolidated revenue of ₹1,786 crore (+8.7% YoY) and EBITDA margin of 21.3% (+480bps YoY), driven by hospital business margin ex...

bullish high
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Revenue ₹1,786 Cr +8.7%
EBITDA ₹380 Cr
PAT ₹203 Cr +46.9%
EBITDA Margin 21.3% +480bps
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter2
Delivered0
Missed2

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.

Q3 FY24

Hospital EBITDA margin target of 20% by end of FY24

Management expects to achieve 20% EBITDA margin for the hospital business by year-end, driven by occupancy improvement and cost optimization.

Missed

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

heuristic_v1
Q3 FY24

Occupancy expected to trend toward 70% in coming quarters

Management expects occupancy to recover to ~70% in Q4 FY24 and next year, driven by seasonal recovery and international patient rebound.

Missed

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

heuristic_v1