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Expect revenue of Rs 140-150 crore in healthcare business in FY19, says Virinchi

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IT group business reported growth of 20% in FY18.

We expect revenue of Rs 140-150 crore in healthcare business in FY19, said Vishal Ranjan, President, Virinchi.
“This particular expansion should complete our project in Banjara Hills (Hyderabad), which is existing 350 bed capacity to grow to 600 beds of which 150 beds would be allocated to an economy block,” said Ranjan.
Further talking about expansion, Ranjan said, “I do not think we are going to have a problem in financing this expansion. Further expansion beyond this location or if acquisition or something that come our way, obviously that will be something which we will take on case by case basis based on both strategic as well as financial opportunity behind it.”
He also said that IT group business reported growth of 20% in FY18.