Apollo Hospitals Q1 net profit falls 18% to Rs72 crore - News Summed Up

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Apollo Hospitals Q1 net profit falls 18% to Rs72 crore


Apollo recorded a net profit of Rs72.2 crore in the April-June period against Rs87.5 crore a year ago. Revenue rose 12.18% at Rs1,470.73 crore. Photo: MintHyderabad: Apollo Hospitals Enterprise Ltd Thursday said net profit in the June quarter fell 18% due to rising expenses and interest costs. Apollo recorded a net profit of Rs.72.2 crore in the April-June period against Rs.87.5 crore a year ago. A Bloomberg poll of six analysts estimated the company’s net profit at Rs.88.2 crore, while five analysts estimated net sales at Rs.1,453.90 crore.


Source: Mint September 01, 2016 19:52 UTC



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