Fortis Healthcare rose 0.56% to Rs 196 at 9:17 IST on BSE after the company reported consolidated net profit of Rs 87 crore in Q1 June 2015 compared with net loss of Rs 46 crore in Q1 June 2014.
The result was announced after market hours yesterday, 6 August 2015.
Meanwhile, the S&P BSE Sensex was down 29.96 points or 0.11% at 28,268.17.
On BSE, so far 63,000 shares were traded in the counter as against average daily volume of 2.28 lakh shares in the past two weeks.
The stock hit a high of Rs 199 and a low of Rs 195.35 so far during the day.
Fortis Healthcare's revenue rose 2.74% to Rs 1049 crore in Q1 June 2015 over in Q1 June 2014. The results for Q1 June 2015 are not comparable with Q1 June 2014 due to progressive divestment of the company's international businesses viz. RadLink Asia, Singapore and Fortis Surgical Hospital Singapore which was completed in Q1 June 2015.
Fortis Healthcare is a leading integrated healthcare delivery service provider in India. The healthcare verticals of the company primarily comprise hospitals, diagnostics and day care specialty facilities.
Powered by Capital Market - Live News
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