ARTEMISMED

** Shares of multi-specialty hospital Artemis Medicare Services ATEM.NS fall 4.2% to a four-month low of 240.3 rupees

** Centrum Broking cuts price target on the stock by ~26% to 290 rupees, but keeps "buy" rating after discussions with co's management

** Says co's ongoing expansion plans in Raipur will require additional investments, which will put pressure on profitability in near to medium term

** Adds Raipur facility to be operational by Q3FY26 and will be loss-making for first 3 years; Centrum expects facility to breakeven by FY29

** We remain positive on long-term growth prospects - Centrum

** Stock down 20% YTD

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Artemis Medicare ATEM.NS jump as much as 5.5% to 335 rupees

** The multi-specialty hospital reports ~79% year-on-year rise in Dec-qtr consol net profit, rev from ops grew ~6% year-on-year

** Its revenue from India ops grew ~4%, while revenue from international markets rose ~12%

** Stock was up 2.7% ahead of results

** Over 240,000 shares traded vs. 30-day avg of 133,509 shares

** ATEM up 1.5% YTD

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

Jan 15 (Reuters) - Artemis Medicare Services Ltd ATEM.NS:

• UNIT TO CLOSE CARDIAC CENTRE AT CHENNAI EFFECTIVE JAN 23

Source text: ID:nBSE1gDCl6

Further company coverage: ATEM.NS

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Aug 8 (Reuters) - Artemis Medicare Services Ltd ATEM.NS:

• JUNE-QUARTER CONSOL NET PROFIT 166.7 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2.23 BILLION RUPEES

Further company coverage: ATEM.NS

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April 2 (Reuters) - Artemis Medicare Services Ltd ATEM.NS:

• TO CONSIDER PROPOSAL FOR RAISING OF FUNDS

Source text for Eikon: ID:nBSE3DTWy2

Further company coverage: ATEM.NS

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Feb 5 (Reuters) - Artemis Medicare Services Ltd ATEM.NS:

• ARTEMIS MEDICARE SERVICES DEC-QUARTER CONSOL NET PROFIT 115.5 MILLION RUPEES VERSUS PROFIT 104.5 MILLION RUPEES

• ARTEMIS MEDICARE SERVICES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.19 BILLION RUPEES VERSUS 1.87 BILLION RUPEES

Source text for Eikon: ID:nBSEbR0lfs

Further company coverage: ATEM.NS

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Nov 8 (Reuters) - Artemis Medicare Services Ltd ATEM.NS:

• INDIA'S ARTEMIS MEDICARE SERVICES SEPT-QUARTER CONSOL NET PROFIT 153.9 MILLION RUPEES VERSUS PROFIT 91.3 MILLION RUPEES

• ARTEMIS MEDICARE SERVICES SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.25 BILLION RUPEES VERSUS 1.87 BILLION RUPEES

Source text for Eikon: ID:nBSE16nLPh

Further company coverage: ATEM.NS

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Aug 8 (Reuters) - Artemis Medicare Services Ltd ATEM.NS:

• APPROVED EXPANSION PLAN OF TOWER III IN FLAGSHIP GURUGRAM HOSPITAL WORTH 1.5 BILLION RUPEES

Source text for Eikon: ID:nNSE9zfpF3

Further company coverage: ATEM.NS

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May 5 (Reuters) - Artemis Medicare Services Ltd ATEM.NS:

• MARCH-QUARTER CONSOL NET PROFIT 106 MILLION RUPEES VERSUS 132.5 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.95 BILLION RUPEES VERSUS 1.49 BILLION RUPEES

Source text for Eikon: ID:nBSE20Rjyg

Further company coverage: ATEM.NS

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