- February 8, 2024
Apollo Hospitals quarter 3 net profit rises 60% to Rs 245 crore – Times of India
NEW DELHI: Apollo Hospitals Enterprise on Thursday said it posted a 60 per cent increase in its consolidated profit after tax to Rs 245 crore for the December quarter, on account of higher sales. The healthcare provider had reported a profit after tax (PAT) of Rs 153 crore in the October-December quarter of the last fiscal.
Revenues stood at Rs 4,51 crore for the third quarter as against Rs 4,264 crore a growth of 14 per cent year-on-year, Apollo Hospitals said in a statement.
“In the pursuit of a healthier nation, Apollo remains steadfast in its belief in the importance of preventive healthcare. Our mission is to empower individuals to safeguard their well-being, preventing the onset of non-communicable diseases,” Apollo Hospitals Group Chairman Prathap C Reddy stated.
The company said its board has declared an interim dividend of Rs 6 per share for the financial year ending March 31, 2024.
Shares of Apollo Hospitals ended 0.96 per cent up at Rs 6,238.95 apiece on the BSE.
Revenues stood at Rs 4,51 crore for the third quarter as against Rs 4,264 crore a growth of 14 per cent year-on-year, Apollo Hospitals said in a statement.
“In the pursuit of a healthier nation, Apollo remains steadfast in its belief in the importance of preventive healthcare. Our mission is to empower individuals to safeguard their well-being, preventing the onset of non-communicable diseases,” Apollo Hospitals Group Chairman Prathap C Reddy stated.
The company said its board has declared an interim dividend of Rs 6 per share for the financial year ending March 31, 2024.
Shares of Apollo Hospitals ended 0.96 per cent up at Rs 6,238.95 apiece on the BSE.
