Alisha Moopen, Deputy Managing Director of Aster DM Healthcare, stated that the merger with Quality Care India Ltd, backed by Blackstone and TPG, will result in an increase in earnings per share starting from the first full year of operations.
The combined entity is expected to have 13,300 beds by FY27, indicating significant growth potential in the healthcare sector. Moopen expressed confidence in overcoming competition in the South market, which includes established players like Apollo Hospitals and Manipal Hospitals.
The goal of the merger is to establish leadership in specific regions, with Dr. Azad Moopen as Executive Chairman and Varun Khanna as MD and Group CEO of the newly formed entity.