Entero Healthcare reports 20.8% revenue growth and acquisition plans
pre-market1 source ↓written by the desknot a recommendation
- year-on-year
- 20.8% revenue growth
- and EBITDA margins
- 70-90 basis points
- EBITDA margins
- 50-75 basis points
Entero Healthcare Solutions reported 20.8% revenue growth year-on-year, reaching INR 1,571 crores. The company plans to pursue seven MedTech acquisitions totaling INR 1,000 crores in proforma revenues, aiming to enhance gross margins by 70-90 basis points and EBITDA margins by 50-75 basis points. This strategy may strengthen its market position significantly.
Not investment advice. For informational purposes only.