The sustained revenue growth and better EBITDA margin indicate the impact of its technology-led care enablement platform and global delivery capabilities.
Inventurus Knowledge Solutions (IKS), a technology-enabled healthcare solutions provider, reported a growth in revenue and EBITDA margin in the first quarter of the current financial year. The performance reflected the continued momentum in the business and the stickiness of its integrated tech-led care enablement platform built on strong client relationships, scalable solutions, and disciplined execution, said Sachin Gupta, Founder and Global CEO, IKS Health. The sustained revenue growth at 16 per cent and improvement of EBITDA margin for the combined entity to 32 per cent demonstrate the impact of its technology-led care enablement platform and global delivery capabilities, he claims.
In the first quarter, it reported a revenue of Rs 740.10 crore, showing a year-on-year (y- o-y) growth of 15.6 per cent. EBITDA at Rs 237.80 crore at a 32.1 per cent margin on revenue showed a growth of 36.3 per cent on y-o-y basis. Profit after tax (PAT) grew 58.7 per cent at Rs 151.50 crore. Adjusted PAT stood at Rs 168.20 crore.
