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Hot Pursuit News

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(14 Aug 2024, 09:56)

Apollo Hospitals Q1 PAT surges 84% YoY to Rs 305 crore

On consolidated basis, Apollo Hospitals Enterprise’s net profit soared 83.9% to Rs 305.2 crore as compared to Rs 166.6 crore reported in same quarter previous year.

Revenue from operations increased 15.12% year on year (YoY) to Rs 5,085.6 crore in the quarter ended 30 June 2024.

Profit before tax in first quarter of FY25 was at Rs 430 crore, up 59.26% from Rs 270 crore recorded in similar period last fiscal.

EBITDA grew by 32.63% to Rs 675.1 crore in the June 2024 quarter as against Rs 509 crore posted in Q1 FY25. EBITDA margin improved to 13.3% in Q1 FY25 as compared to 11.5% registered in the corresponding quarter previous year.

During the quarter, the company's revenue from Healthcare Services was at Rs 2,637.3 crore (up 14.98% YoY) and revenue from Digital Health & Pharmacy distribution was Rs 2,082.1 crore (up 15.33% YoY) and the revenue from Retail Health & Diagnostics stood at Rs 366.1 crore (up 14.87% YoY).

As on 30 June 202...

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