Medulance posted a 7% rise in revenue in FY23, profits drop

Medulance, a Delhi-based health tech company, saw a 6.9% revenue increase in FY23 to ₹26.21 crore, driven by ambulance services. Despite the growth, profits dropped over 60%, and expenses rose by nearly 30%.

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Medulance posted a 7% rise in revenue in FY23, profits drop Delhi headquartered healthtech company Medulance witnessed a 6.9% rise in its top scale in FY23 from Rs 24 crore in FY22 to Rs 26.21 crore.

Medulance posted a 7% rise in revenue in FY23, profits drop
thekredible.com

Medulance posted a 7% rise in revenue in FY23, profits drop Delhi headquartered healthtech company Medulance witnessed a 6.9% rise in its top scale in FY23 from Rs 24 crore in FY22 to Rs 26.21 crore.

Delhi headquartered healthtech company Medulance witnessed a 6.9% rise in its top scale in FY23 from Rs 24 crore in FY22 to Rs 26.21 crore. Medulance posted a 7% rise in revenue in FY23, profits drop