Apollo Hospitals Q3 PAT Declines 33% to Rs 153 Crore

New Delhi: Apollo Hospitals Enterprise on Tuesday said its consolidated profit after tax for the third quarter ended December 31, 2022 declined 33 per cent to Rs 153 crore. The healthcare provider had posted a profit after tax of Rs 228 crore in October-December. period of the previous financial year.

Apollo Hospitals said in a statement that revenue rose to Rs 4,264 crore in the period under review from Rs 3,639 crore in the October-December period of 2021-22, a growth of 19 per cent. ,ALSO READ: “I’m officially leaving Twitter now”: User on Elon Musk posting sexist image on Twitter,

The company’s board that met on Tuesday declared an interim dividend of Rs 6 per share for a payout of Rs 86 crore.

As on December 31, 2022, Apollo Hospitals had 7,855 operating beds across its network.

Utilization of new hospitals is over 62 percent and is expected to drive double-digit growth in volumes and improving utilization and profitability going forward.

Shares of the company closed at Rs 4,265.75 on BSE on Tuesday, down 2.05 per cent.