Hot Pursuit     11-Aug-23
Apollo Hospitals Q1 PAT slumps 47% YoY to Rs 167 cr
The healthcare major's consolidated net profit slipped 47.48% to Rs 166.6 crore in Q1 FY24 as compared to Rs 317.2 crore in Q1 FY23.
However, revenue from operations stood at Rs 4,417.8 crore during the quarter, up 16.39% from Rs 3,795.6 crore recorded in the same period last fiscal.

Profit before tax rose 6.13% year on year (YoY) to Rs 270 crore in the quarter ended 30 June 2023.

During the quarter, the company's revenue from Healthcare Services was Rs 2,310.7 crore (up 13.71% YoY) and revenue from Digital Health & Pharmacy Distribution was Rs 1,805.4 crore (up 22.05% YoY) and the revenue from Retail Health & Diagnostics stood at Rs 318.7 crore (up 8.77% YoY).

As on 30 June 2022, Apollo Hospitals had 7,798 operating beds across the network (excluding AHLL & managed beds), out of which 14 hospitals were new with 2,380 operating beds. The new hospitals have a utilization of over 60% and are expected to witness double digit growth in volumes and improvement in utilization and profitability going forward.

Apollo Hospitals Enterprise is a private sector healthcare provider. It owns and operates hospitals across the country.

Shares of Apollo Hospitals Enterprise declined 0.06% to Rs 4,918 on the BSE.

Previous News
  Apollo Hospitals Enterprise schedules board meeting
 ( Corporate News - 30-Oct-23   15:21 )
  Apollo Hospitals reports turnaround Q1 numbers
 ( Hot Pursuit - 14-Aug-21   14:59 )
  Apollo Hospitals Enterprise consolidated net profit rises 41.56% in the December 2020 quarter
 ( Results - Announcements 12-Feb-21   17:51 )
  Board of Apollo Hospitals Enterprise recommends Interim Dividend
 ( Corporate News - 15-Feb-23   10:44 )
  Apollo Hospitals Q3 PAT slides 33% YoY to Rs 153 cr
 ( Hot Pursuit - 15-Feb-23   10:56 )
  Apollo Hospitals Enterprise
 ( Results - Analysis 28-Jun-21   15:31 )
  Apollo Hospitals Q4 PAT soars 76% YoY; declares dividend of Rs 10/share
 ( Hot Pursuit - 31-May-24   10:37 )
  Apollo Hospitals Enterprise Ltd leads gainers in 'A' group
 ( Hot Pursuit - 17-Aug-21   12:00 )
  Apollo Hospitals Enterprise consolidated net profit declines 46.30% in the March 2022 quarter
 ( Results - Announcements 26-May-22   08:09 )
  Apollo Hospitals Enterprise consolidated net profit rises 61.51% in the December 2019 quarter
 ( Results - Announcements 14-Feb-20   08:41 )
  Apollo Hospitals Enterprise to convene board meeting
 ( Corporate News - 14-Oct-22   19:44 )
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