HITES achieved 58 per cent jump in net profit during FY 2022–23, Top Health News | Latest Health & Healthcare Industry Information and Updates: ET HealthWorld : ETHealthworld.com

HITES, a central public sector undertaking under the Union Health Ministry, reported profit after tax of Rs 27.76 crores in 2022–23, compared with Rs 17.60 crores in 2021–22. MoHFW elaborated further that the significantly positive results were achieved largely due to the infrastructure development business, which saw the completion of the new All India Institute of Medical Sciences (AIIMS) at Bhatinda, Gorakhpur, and Guwahati and the upgrade of multiple projects during the last fiscal year., HITES, a central public sector undertaking under the Union Health Ministry, reported profit after tax of Rs 27.76 crores in 2022–23, compared with Rs 17.60 crores in 2021–22. MoHFW elaborated further that the significantly positive results were achieved largely due to the infrastructure development business, which saw the completion of the new All India Institute of Medical Sciences (AIIMS) at Bhatinda, Gorakhpur, and Guwahati and the upgrade of multiple projects during the last fiscal year., , Read More