Lakeshore Hospital and Research Centre Unlisted Shares
VPS Lakeshore Announces 17% Dividend
Desh Abhimani
2 min read
VPS Lakeshore Announces 17% Dividend
Dr. Shamsheer Vayalil, Chairman of VPS Lakeshore Hospital words
"We will be focusing on further modernizing the facilities at the hospital to cater to our increasing number of international patients,"
Expert Analysis
VPS Lakeshore Hospital announced a 17% dividend for its shareholders at the annual general meeting.
VPS Lakeshore is one of the super specialty hospitals in Kochi with highly skilled doctors and health professionals.
The company achieved a 17% revenue growth and a remarkable 34% growth in profits (PAT) for the year ending March 31, 2023.
The hospital management credits this growth to its affordable services offered to the public.
The company, by offering dividends, is providing financial rewards to its shareholders for their investment in the company.
Growth in revenue & profits demonstrates the hospital’s financial strength & stability.
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