Shares of GPT Healthcare Ltd. surged nearly 10% to a two-week high on Wednesday, after its profit jumped in the third quarter.
Net profit of the newly listed company rose 37.4% year-on-year to Rs 11.5 crore in the quarter ended December 2023, according to an exchange filing.
GPT Healthcare Q3 Earnings Highlights (YoY)
Revenue up 3.9% to Rs 96.6 crore.
Ebitda up 4.6% to Rs 22.2 crore.
Ebitda margin was at 23.0%.
Net profit up 37.4% to Rs 11.5 crore.
Shares of the company rose as much as 9.90%, the highest level since March 4, before paring gains to trade 6.80% higher at 9:50 a.m. This compares to a 0.23% advance in the NSE Nifty 50.
The stock has declined 10.76% in 12 months. The relative strength index was at 38.48.
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