Medico Intercontinental Limited (MIL) announced Q1 FY24 results with contrasting performances. Standalone operations showed improvement with revenue of Rs 1,306.68 crore and net profit of Rs 55.60 crore, up 11.85% year-on-year. However, consolidated figures revealed a net loss of Rs 248.80 crore on revenue of Rs 2,135.49 crore. MIL has adopted the equity method for accounting joint venture investments, replacing proportionate consolidation. The company's AGM is scheduled for September 30 via video conferencing.