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Indraprastha Medical Corporation Ltd.

BSE: 532150 Sector: Health care
NSE: INDRAMEDCO ISIN Code: INE681B01017
BSE LIVE 15:41 | 22 Sep 52.15 -0.60
(-1.14%)
OPEN

52.65

HIGH

52.90

LOW

52.00

NSE 15:47 | 22 Sep 52.20 -0.60
(-1.14%)
OPEN

52.75

HIGH

53.00

LOW

52.10

OPEN 52.65
PREVIOUS CLOSE 52.75
VOLUME 29095
52-Week high 64.30
52-Week low 45.00
P/E 20.29
Mkt Cap.(Rs cr) 478
Buy Price 52.15
Buy Qty 45.00
Sell Price 0.00
Sell Qty 0.00
OPEN 52.65
CLOSE 52.75
VOLUME 29095
52-Week high 64.30
52-Week low 45.00
P/E 20.29
Mkt Cap.(Rs cr) 478
Buy Price 52.15
Buy Qty 45.00
Sell Price 0.00
Sell Qty 0.00

Indraprastha Medical Corporation Ltd. (INDRAMEDCO) - Chairman Speech

Company chairman speech

Dear Shareholders

The mission to nurture health and protect priceless lives was at the core of ourgenesis in 1983; it is the reason we exist today. I told you earlier that the human bodyis Priceless; it is exactly for this reason that we at Apollo Hospitals Value Life.Patients from over 120 countries visit our Hospitals every year and our Group has touchedover 45 million lives in the last 33 years. This incredible journey has taught us weshould stop at nothing to do what we can to protect our patient’s health and wellbeing. We believe that we have a responsibility to help them fight the pain of disease andto give them the most appropriate treatment to put them on the road to recovery. For overthree decades we have been inspired by the dream of a healthy India. We have taken severaltransformative steps towards this goal. Our drive is powered by our deep respect for thepower of good health and the miracle of the human body. Without good health we know thatlife stands on a brittle foundation. We therefore seek to educate people on the importanceof Preventive Health to protect them from a potentially uncontrollable disease burden.

Our commitment to health and our philosophy of valuing life—our defininglegacy—is epitomized by our every day practices and performance. Our Hospitals haveled landmark changes in the Indian Healthcare ecosystem through differentiated offeringsbe it initiatives which benchmark our clinical excellence our Preventive Healthprogramme our clinical protocols and pathways with best in class outcomes or patientcentric care giving.

In the early eighties world-class medical treatment meant access to exorbitantly highpriced healthcare in the western world. The wheel has turned a full circle; today weoffer healthcare in India that is as good as any in the world at a fraction of the price.Patients from western countries regularly come to our hospitals for complex medicalprocedures.

At Apollo we have always believed the pursuit of excellence to be a relentless seriesof short races. To excel continuously means we have to win consistently. Today ApolloHospitals is one of the largest and most trusted integrated healthcare providers in Asia.At the core of this achievement is our patient-centric approach and our strong commitmentto the highest standards of ethics. Every initiative of the Apollo Group is measured bythe value we are adding to patient experience. This focus inspired us to launch The ApolloStandards of Clinical Care (TASCC) which embodies the highest standards of clinical careand patient safety. Apollo Hospitals is a pioneer of Tender Loving Care—a revolutionin caregiving to make our hospitals warm and friendly for the patients and theirfamilies.

Globally the healthcare sector is getting disrupted through emerging digital trendsand India is no exception to this. We are rolling out a well thought out strategy toleverage technology towards enhancing customer experience and loyalty analytics patientoutreach and access tele-medicine and e-consults.

Technology also affords us a new way of thinking—it brings with it the power ofcollaboration and enhances our efforts to fight the scourge of Non Communicable Diseases(NCDs) in India. One important initiative in this regard is the concept of PreventiveHealthcare. Apollo pioneered the concept of a Preventive Health Check more than 3 decadesago. That experience helped us to launch the Apollo Personalised Health Check—acomprehensive personalized diagnostic solution based on the fact that each person’shealth is as distinctive as his DNA.

Our focus on integrated healthcare aims at providing patients a common easilyaccessible platform for all their healthcare needs. Our incisive thrust onsuper-specialization is to enable cutting-edge treatment for our patients. The ApolloInstitutes of Robotic Surgery have successfully performed complex robotic surgeries onover 3000 adults and 80 children so far using the da Vinci Robotic system-theworld’s most cutting edge solution in clinical robotics. Apollo Hospitals is nowpoised to be the first provider of the revolutionary Proton Beam Therapy in India. Thismilestone is one of the many ‘firsts’ that Apollo Hospitals has brought to theIndian healthcare ecosystem.

I am happy to inform you that Apollo Hospitals Chennai performed an extraordinarymedical feat when the team harvested 23 valuable organs from five brain dead donors in2015. Thereafter five liver transplants one heart transplant and four kidney transplantswere conducted at our hospitals and the rest of the organs were transported to needyrecipients in other hospitals. The entire event was managed smoothly and efficiently.

Building a healthy India is a long journey full of challenges at every step. At ApolloHospitals our approach to healthcare is shaped by one powerful truth – Life isprecious life is Priceless. The value we have for the miracle of human life inspires usto stretch our boundaries to the maximum possible. It provides us the moral compass to dothings as best as we can in the best way possible for the patient. The mission to touchlives deserves nothing less.

Your Company continues to strive to deliver better results not only clinically but alsofinancially as we are fully committed to our shareholders apart from our patients. Inthis regard I am happy to state that the total income of the Company increased 6% fromRs. 71542.91 lakhs to Rs. 75964.69 lakhs. The EPS for the year stood at Rs. 3.08 and theBoard of Directors of the Company have recommended payment of dividend on equity shares @Rs. 1.80 per share (18%) for the fiscal year 2015-16.

Before concluding I would like to welcome opportunities to collaborate with theGovernment on initiatives which would further the objectives of ensuring universal healthaccess for India’s citizens.

I wish you and your families all the very best of health and thank each and everystakeholder for their continued support belief and trust.

With warm personal regards

Dr. Prathap C Reddy

Founder

Apollo Hospitals Group