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Apollo Hospitals rallies 5%, hits new record high on strong Q1 revenue

The consolidated revenue grew 31% QoQ and 73% YoY at Rs 3,760 crore

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Apollo Hospitals has been investing big in infrastructure and bringing in advanced technologies such as Proton Therapy for cancer treatment, which has resulted in a higher debt

SI Reporter Mumbai

2 min read Last Updated : Aug 16 2021 | 9:43 AM IST

Shares of Apollo Hospitals Enterprises hit a new record high of Rs 4,264, ralling 5 per cent on the BSE in the intra-day trade on Monday, after the company reported a strong 31 per cent quarter on quarter (QoQ) growth in consolidated revenue at Rs 3,760 crore for the quarter ended June 2021 (Q1FY22). On a year-on-year (YoY) basis, consolidated revenues rose 73 per cent from Rs 2,172 crore.

The healthy revenue growth was mainly driven by hospital segment, which grew 26.2 per cent QoQ to Rs 1,941 crore, while revenue from the pharmacy distribution segment grew 35 per

Topics : Buzzing stocks Apollo Hospital Enterprises

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