(20 second reading) Max Healthcare on May 22 reported a 3 percent fall in its fourth quarter net profit at Rs 311 crore from the year-ago quarter of Rs 320 crore.

The hospital chain’s net revenue grew nearly 16 percent to Rs 1800 crore from Rs 1551 crore in the same period the previous year.

The company’s operational performance improved in the January-March period, as the EBITDA margin fell to 27.9 percent, down from 28.2 percent in the base period. EBITDA for the period is Rs 503 crore.