Vijaya Diagnostic reported a 22 percent year-on-year increase in its consolidated net profit, reaching Rs 33 crore for the March quarter of the financial year 2023-24.
In comparison, the company had recorded a net profit of Rs 27.7 crore in the corresponding period of the previous year.
The company, which offers diagnostic services, disclosed that its revenue surged by 29 percent to Rs 155 crore from Rs 120 crore last year, as per an exchange filing on May 8.
Established by Dr. S. Surendranath Reddy in 1981 as a proprietorship concern, Vijaya Diagnostic Centre Limited later became a private limited company in 2002 before being listed on the stock market in September 2021. The company specializes in providing a comprehensive range of diagnostic services, including radiology & imaging, nuclear medicine, conventional & specialist lab services, and diagnostic cardiology.
