Bottomline: PE-backed Healthium improves profit margins but dividend payouts weigh
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Bottomline: PE-backed Healthium improves profit margins but dividend payouts weigh

By Sreeja Biswas

  • 18 Mar 2024
Premium
Bottomline: PE-backed Healthium improves profit margins but dividend payouts weigh

Medical supplies manufacturer Healthium Medtech Pvt. Ltd has managed to improve its operating profit margins and is growing its revenue steadily but dividend payouts to help its controlling shareholder repay loans weigh on its prospects.  The company, which was earlier known as Sutures India Ltd and was acquired by private equity ......

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