Latest News | Apollo Hospitals Q3 Net Profit Rises 60 Pc to Rs 245 Crore

Get latest articles and stories on Latest News at LatestLY. 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.

New Delhi, Feb 8 (PTI) 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.

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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.

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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.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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