VIJAYA2024-01-012024-03-31 VIJAYA2024-01-012024-03-31 VIJAYA2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member VIJAYA2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member VIJAYA2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543350 VIJAYA NOTLISTED Vijaya Diagnostic Centre Limited Equity 2023-04-01 2024-03-31 2024-05-08 2024-04-29 INR Lakhs Yearly 14:00:00 16:00:00 2024-05-08 2024-05-08 true Cash Flow Indirect Declaration of unmodified opinion Single segment Diagnostic Services 2024-01-01 2024-03-31 Audited Consolidated 1552052000.00 32503000.00 1584555000.00 188144000.00 0.00 0.00 245217000.00 61941000.00 162973000.00 487595000.00 1145870000.00 438685000.00 0.00 438685000.00 82021000.00 19888000.00 101909000.00 0.00 336776000.00 0.00 0.00 0.00 0.00 336776000.00 -2576000.00 334200000.00 334509000.00 2267000.00 331887000.00 2313000.00 102346000.00 1 3.27 3.26 0.00 0.00 3.27 3.26 1. The above consolidated financial results of Vijaya Diagnostic Centre Limited ( the Company ) and its subsidiaries (the Company and its subsidiaries together referred to as the Group ) have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards ( Ind AS ) prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with the relevant rules thereunder, other accounting principles generally accepted in India and in terms of Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. The above consolidated financial results were reviewed by the audit committee and approved by the Board of Directors in their respective meetings held on May 08, 2024. The above results have been subjected to audit by the statutory auditors of the Company. The statutory auditors have expressed an unmodified audit opinion on these results. 3. The consolidated figures for the quarter ended 31 March 2024 and 31 March 2023 are the balancing figures between the audited consolidated figures in respect of the full financial year and the published unaudited year to date consolidated figures up to the date of third quarter of the respective financial years. 4. The Group has one reportable segment (viz. Diagnostic Services) as per the requirements of Ind AS 108 Operating Segments . 5. The Group has charged depreciation on Property, Plant and Equipment based on Written Down Value (“WDV ) method upto 31 December 2022. With effect from 01 January 2023, the Group has changed its method of depreciation from WDV to SLM (Straight Line Method) based upon the technical assessment of expected pattern of consumption of the future economic benefits embodied in the assets. Accordingly, the depreciation expense is lower and profit before tax is higher by Rs. 1,145.33 lakhs and Rs. 3,886.67 lakhs for the quarter and year ended 31 March 2024 respectively. There is no impact on account of such change to the depreciation provided upto 31 December 2022 under WDV method. 6. During the quarter and year ended 31 March 2024, the Company has issued 37,054 and 274,518 equity shares of face value of Re. 1/- each respectively on exercise of employee stock options. 7. The Company has incurred an amount of Rs. 205 lakhs for the evaluation of various acquisitions towards financial, legal and tax due diligence and for market study on the diagnostic business in target geographies. These expenses have been categorised as exceptional items as these are not incurred in the ordinary course of business of operations of the Company. 8. On 21 December 2023, the Company has acquired 100% equity stake in P H Diagnostic Centre Private Limited (PH) for a cash consideration of Rs. 13,465.00 lakhs as per the terms and conditions of the Share Purchase Agreement entered between the Company and the sellers, and along with the repayment of existing debt of Rs.1,285.00 lakhs the total transaction value amounted to Rs.14,750.00 lakhs. Post completion of the aforesaid acquisition, P H Diagnostic Centre Private Limited has become wholly-owned subsidiary of the Company. Accordingly the above results include the results of subsidiary P H Diagnostic Centre Private Limited with effect from 21 December 2023. 9. The wholly owned subsidiaries of the Group namely Doctorslab Medical Services Private Limited and Namrata Diagnostic Centre Private Limited, have applied for strike off to the Registrar of Companies (ROC), since there were no operations in these companies and ROC has approved the same on April 06, 2024. 10. The Board of Directors at its meeting held on May 08, 2024, has proposed and recommended dividend of Re. 1/- per equity share of Re. 1/- each i.e., 100% for the financial year 2023-24, subject to the approval of the members at the ensuring annual general meeting. Single segment 2023-04-01 2024-03-31 Audited Consolidated 5478053000.00 208180000.00 5686233000.00 654384000.00 0.00 0.00 902186000.00 239898000.00 569962000.00 1712494000.00 4078924000.00 1607309000.00 -20500000.00 1586809000.00 331995000.00 58443000.00 390438000.00 0.00 1196371000.00 0.00 0.00 0.00 0.00 1196371000.00 -1122000.00 1195249000.00 1188253000.00 8118000.00 1187085000.00 8164000.00 102346000.00 1 0.00 11.62 11.59 0.00 0.00 11.62 11.59 Other expenses 487595000.00 Other expenses 1712494000.00 27178000.00 6021708000.00 82063000.00 0.00 1192049000.00 206970000.00 4867000.00 0.00 0.00 400000.00 0.00 0.00 112995000.00 113395000.00 29185000.00 64011000.00 7714248000.00 51827000.00 1091298000.00 162397000.00 222477000.00 508299000.00 0.00 31242000.00 2015713000.00 0.00 45739000.00 2113279000.00 0.00 0.00 9827527000.00 102346000.00 6469588000.00 6571934000.00 6599112000.00 0.00 0.00 2390521000.00 2390521000.00 105818000.00 0.00 0.00 3417000.00 2499756000.00 0.00 329497000.00 315287000.00 644784000.00 40243000.00 31562000.00 12070000.00 0.00 728659000.00 0.00 0.00 3228415000.00 9827527000.00 219624000.00 -23042000.00 -45669000.00 0.00 -18758000.00 0.00 0.00 14045000.00 0.00 33449000.00 0.00 0.00 0.00 569962000.00 0.00 11109000.00 0.00 14929000.00 0.00 0.00 0.00 59731000.00 9317000.00 31870000.00 0.00 -156626000.00 0.00 -15268000.00 0.00 585211000.00 2172020000.00 0.00 0.00 0.00 339011000.00 0.00 1833009000.00 0.00 1475000000.00 0.00 0.00 0.00 0.00 0.00 0.00 33308000.00 879639000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 73573000.00 0.00 824685000.00 0.00 -1423073000.00 0.00 0.00 0.00 0.00 0.00 0.00 30505000.00 0.00 0.00 0.00 0.00 373733000.00 102267000.00 0.00 0.00 0.00 -445495000.00 -35559000.00 0.00 -35559000.00 258036000.00 222477000.00 -3442000.00 -1499000.00 -866000.00 -377000.00 0.00 0.00