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Hot Pursuit News

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(31 May 2024, 10:37)

Apollo Hospitals Q4 PAT soars 76% YoY; declares dividend of Rs 10/share

On consolidated basis, Apollo Hospitals Enterprise’s net profit surged 75.64% to Rs 253.8 crore as compared to Rs 144.5 crore reported in Q4 FY23.

Revenue from operations jumped 14.92% year on year to Rs 4,943.9 crore in the quarter ended 31 March 2024.

Profit before tax in Q4 FY24 was at Rs 368.2 crore, up 45.19% from Rs 253.6 crore recorded in Q4 FY23.

EBITDA grew by 31.2% to Rs 640.5 crore in the March quarter as against Rs 488.2 crore posted in Q4 FY24. EBITDA margin improved to 13% in Q4 FY24 as compared to 11.3% registered in the corresponding quarter previous year.

During the quarter, the company's revenue from Healthcare Services was at Rs 2,579.5 crore (up 15.80% YoY) and revenue from Digital Health & Pharmacy distribution was Rs 2,026.7 crore (up 12.64% YoY) and the revenue from Retail Health & Diagnostics stood at Rs 353.7 crore (up 14.65% YoY).

On full year basis, the company's consolidated net profit g...

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