Latest News | Fortis Healthcare Q4 Net Profit Falls 7.44 Pc to Rs 188.02 Cr
Get latest articles and stories on Latest News at LatestLY. Fortis Healthcare Ltd on Tuesday reported a 7.44 per cent decline in consolidated net profit at Rs 188.02 crore in the fourth quarter ended March 2025 impacted by impairment on investment in an associate firm, property, plant and equipment, besides higher expenses.
New Delhi, May 20 (PTI) Fortis Healthcare Ltd on Tuesday reported a 7.44 per cent decline in consolidated net profit at Rs 188.02 crore in the fourth quarter ended March 2025 impacted by impairment on investment in an associate firm, property, plant and equipment, besides higher expenses.
The company had posted a consolidated net profit of Rs 203.14 crore in the corresponding quarter of preceding fiscal, Fortis Healthcare Ltd said in a regulatory filing.
Consolidated revenue from operations in the fourth quarter stood at Rs 2,007.2 crore as compared to Rs 1,785.88 crore in the same period a year ago, it added.
Total expenses in the quarter under review was higher at Rs 1,741.52 crore as compared to Rs 1,531.76 crore in the year-ago period.
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During the quarter, the company had incurred a total exceptional item loss of Rs 53.57 crore due to impairment on investment in an associate firm and property, plant equipment, it added.
Fortis Healthcare said its board has considered and recommended a final dividend of Re 1 per equity share of face value of Rs 10 each for the financial year 2024-25.
For FY25, consolidated net profit was at Rs 809.38 crore as against Rs 645.22 crore in FY24.
Consolidated revenue from operations in FY25 stood at Rs 7,782.75 crore as compared to Rs 6,892.92 crore in FY24, the company said.
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