Jupiter Life Line Hospitals Ltd Share Price – NSE  /  BSE

Healthcare, Small Cap

Net profit of Jupiter Life Line Hospitals rose 187.43% to Rs 45.27 crore in the quarter ended March 2024 as against Rs 15.75 crore during the previous quarter ended March 2023. Sales rose 19.89% to Rs 290.49 crore in the quarter ended March 2024 as against Rs 242.30 crore during the previous quarter ended March 2023.

For the full year,net profit rose 142.23% to Rs 176.61 crore in the year ended March 2024 as against Rs 72.91 crore during the previous year ended March 2023. Sales rose 19.83% to Rs 1069.50 crore in the year ended March 2024 as against Rs 892.54 crore during the previous year ended March 2023.

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Jupiter Life Line Hospitals announced that the Board of Directors of the Company at its meeting held on 10 May 2024, has recommended a Final dividend of Rs.1 per share (i.e.10%), subject to the approval of the shareholders.

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Jupiter Life Line Hospitals will hold a meeting of the Board of Directors of the Company on 10 May 2024.

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Jupiter Life Line Hospitals has acquired land in Bibvewadi, Pune, with an area of ~11,500 Sq. Meter, on a leased basis. The period for lease is 10 years with an annual lease rental of Rs.9.27 crore. Further, the company will have the option to purchase the land after three years. The land is leased for setting up a hospital.

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