Apollo Hospitals Q2 net dips 23% to Rs 71 cr

Image
Press Trust of India New Delhi
Last Updated : Nov 13 2017 | 4:22 PM IST
Apollo Hospitals Enterprise today reported 22.92 per cent dip in standalone net profit to Rs 70.90 crore for the September quarter of the current fiscal mainly on account of rise in expenses.
It had posted net profit of Rs 91.99 crore for the July- September quarter of 2016-17, Apollo Hospitals said in a BSE filing.
Standalone revenue from operations of the company stood at Rs 1,851.64 crore for the quarter under consideration as against Rs 1,634.10 crore in they year-ago period.
Its total expenses of the company for the quarter ended September 30, 2017 stood at Rs 1,755.63 crore. It was Rs 1,519.37 crore for the year ago period.
The Apollo stock was down 0.4 per cent to Rs 996.50 on BSE.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Nov 13 2017 | 4:22 PM IST

Next Story