Aster DM Healthcare to invest Rs 900 cr

New Delhi: Aster DM Healthcare is  planning around Rs 900  crore capital expenditure over the next three  years to expand presence  in India, as it looks at  increasing the share of  revenue from the country  to around 40 per cent of  the total by 2025, a top  company official said.

The company had last  week posted an over threefold jump in consolidated  net profit at Rs 127.62 crore  for the quarter ended  September 2021. Revenue  from operations stood at  Rs 2,504.34 crore.

“For the last few quarters, or even since the last  one year, we have been  very aggressively looking  at India, so we know that  India is a market with  huge potential which has  got significant demand  and supply gap,” said Azad  Moopen, CMD, Aster DM  Healthcare.

The company has been  doing business in India  but it wants to increase  the pace of growth here,  he added. “Currently,  about 25 per cent of our  revenues are coming from  India, we want to take it to  40 per cent or even more  than that, and that is the  plan we have,” Moopen  said. -(PTI)