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Apollo Hospitals Q2 Profit Rises 26% to Rs 477 Crore on Broad-Based Growth

Growth was led by healthcare services, retail healthcare, diagnostics, plus pharma distribution.

Overview

  • Consolidated revenue rose to Rs 6,304 crore from Rs 5,589 crore in the year-ago quarter.
  • Profit after tax reached Rs 477 crore versus Rs 379 crore a year earlier, reflecting a 26% increase.
  • The Competition Commission of India cleared a restructuring plan involving Apollo Healthco, Keimed, and Apollo Healthtech.
  • Revenue from the healthcare services division grew 9% to Rs 3,169 crore compared with Rs 2,903 crore a year earlier.
  • Shares closed 0.37% lower at Rs 7,784.20 on the BSE.