Fortis Healthcare on Thursday reported an increase of 37 percent in its net loss of the first quarter (Q1) of the current fiscal.
The company posted a net loss of Rs.16.70 crore for the quarter ended June 30, 2015 from Rs.12.16 crore for the corresponding quarter of 2014-15.
The firm's total income decreased by 5.42 percent at Rs.196.09 crore for the quarter under review from Rs.207.34 crore for the like period of 2014-15.
On a consolidated-basis the company posted a net profit of Rs.87.28 crore for the quarter under review from a net loss of Rs.45.80 crore for the corresponding period of last fiscal.
The total income grew by 3.42 percent at Rs.1,081.33 crore for the quarter ended June 30, 2015 from Rs.1,045.51 crore posted in the Q1 of 2014-15.
The company's scrip at the Bombay Stock Exchange (BSE) rose 1.54 percent at Rs.194.90 from Rs.191.95 per equity share.
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
