Apollo Hospitals Q4 net profit up 29% to Rs 77 cr

Image
Press Trust of India New Delhi
Last Updated : May 30 2019 | 4:10 PM IST

Healthcare major Apollo Hospitals Enterprise Thursday reported a 28.57 per cent rise in its standalone net profit to Rs 76.68 crore for the quarter ended March 31, 2019.

The company had posted a net profit of Rs 59.64 crore for the corresponding period of the previous fiscal, Apollo Hospitals Enterprise said in a filing to BSE.

Standalone revenue from operations of the company stood at Rs 2,167.11 crore for the quarter under consideration. It was Rs 1,863.42 crore for the same period year ago.

For the fiscal year ended March this year, the net profit of the company rose to Rs 302.76 crore as against Rs 233.20 crore for the previous fiscal year.

The company's revenue from operations for the fiscal year ended March 2019 stood at Rs 8,336.66 crore. It was Rs 7,183.01 crore for the year ago fiscal year.

The company's board has recommended a dividend of Rs 6 per share (120 per cent of face value of Rs 5 per share) for the financial year ended March 31, 2019 on the paid up equity shares of the company, Apollo Hospitals said.

Shares of Apollo Hospitals Enterprise were trading at Rs 1,204.90 per scrip on BSE, up 0.13 per cent from its previous close.

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: May 30 2019 | 4:10 PM IST

Next Story