Monash IVF lifts profit 34.6% to $28.8m

Strong demand for patient fertility treatments have helped boost Monash IVF's net profit by more than 34 per cent.

Monash IVF Group's full-year profit is up 34.6 per cent at $28.8 million, on the back of strong growth in patient treatments.

The fertility services company also lifted revenue, by 25.5 per cent, to $156.6 million in the 12 months to June 30.

Monash IVF will pay a fully franked final dividend of 4.5 cents per share, up from 3.7 cents the previous year.