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  3. VPS Lakeshore Announces 17% Dividend

VPS Lakeshore Announces 17% Dividend

5 Oct 2023

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Key Takeaways

  • 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.

  • 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.

Lakeshore Hospital and Research Centre Unlisted Shares

Lakeshore Hospital and Research Centre

-0.81%

Expert Analysis

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.


Publisher:Desh Abhimani