Apollo Hospital March quarter net down 41% on note ban, stent pricing

Jayalalithaa's admission and EBITDA loss in Navi Mumbai unit also affect result, firm says

Apollo Hospitals Enterprise Ltd has posted a decline of around 40.7 per cent in profit for the quarter ended March 31, 2017, at Rs 48.16 crore, from Rs 81.31 crore for the same quarter of previous fiscal year on a standalone basis.

The company's total income grew 14.6 per cent to Rs 1,670.77 crore during the quarter, from Rs 1,457.34 crore in the corresponding quarter of the last fiscal.

The company said that the demonetisation impact extended into this quarter as well, as outstation patients and those from neighbouring countries found it difficult to access currency for their treatment requirements. The patient