Fortis Healthcare Q2 slips to red, posts Rs 13 cr loss
Fortis Healthcare, subsidiary of Fortis Group owned by brothers Malvinder and Shivinder Singh, today posted a net loss of Rs 12.60 crore for the September quarter, 2011.
The company posted a net profit of Rs 74.80 crore in the corresponding quarter last year.
Total income has decreased 14.50% to Rs 620 crore for the quarter ended September 30, 2011 from Rs 724.81 crore for the same quarter a year ago.
At 1553 hrs, the shares of the company were trading down 4.20% at rs 123.40 per share on the Bombay Stock Exchange.