Top listed hospital companies manage to cut debt and push up profits
Once the pandemic-related business recedes, resurgence in high-end elective procedures and medical tourism are likely to facilitate growth for the sector.
Synopsis
With private sector companies delivering most of the healthcare services in India, financial performance trend of the top 10 listed corporate hospital chains over the last eight quarters shows that they have managed to battle the first two waves of the pandemic quite well - emerging more profitable, less leveraged and with valuations soaring on the bourses.
ET Intelligence Group: With private sector companies delivering most of the healthcare services in India, financial performance trend of the top 10 listed corporate hospital chains over the last eight quarters shows that they have managed to battle the first two waves of the pandemic quite well - emerging more profitable, less leveraged and with valuations soaring on the bourses. From suffering an operational loss during the national
