 "Apollo Hospitals Q2 net profit up 3% at Rs 92 crore")
The total income grew 16 per cent to Rs 1,634.10 crore during the quarter, compared to Rs 1,409.73 crore during the corresponding quarter of last year.
The hospital chain has announced that its 480 bed hospital in Navi Mumbai will be commissioned on November 14. With this commissioning, the capacity addition would be 30 per cent comprising of 2,500 beds over the last three years. The company said that the overall bed capacity is expected to reach a target of 10,000 beds soon.
The company has also venture into the medical rehabilitation space in a 50:50 joint venture with Italy-based post-acute care service provider Kos Group. ApoKos, commissioned its first 64-bedded medical rehabilitation facility in Hyderabad.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app