Business Standard

Apollo Hospitals Sept qtr net down 23% on high depreciation, interest costs

Total income grew to Rs 1,854.27 cr during the quarter from Rs 1,643.54 cr a year ago

Apollo Hospitals Sept qtr net down 23% on high depreciation, interest costs
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Gireesh Babu Chennai
Apollo Hospitals Enterprise Ltd has posted a decline of 22.9 per cent in net profit at Rs 70.90 crore during the quarter ended September 30, 2017, as compared to Rs 91.99 crore during the same quarter of last year. The total income grew to Rs 1,854.27 crore during the quarter as against Rs 1,643.54 crore during the corresponding quarter of last year.
"It has been a good quarter where we have seen an overall recovery in volumes. It also reiterates the resilience of our model, powered by a strong focus by clinical and operational excellence," said Akhileswaran Krishnan, Chief Financial Officer

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