Fortis Healthcare net falls 88% to Rs 16 crore in September quarter

Fortis Healthcare on Thursday reported an 87.52 per cent decline in its consolidated net profit to Rs 15.47 crore for the quarter ended September.
 

The company had posted a net profit of Rs 124.04 crore for the corresponding period of the previous fiscal, Fortis Healthcare said in a filing to BSE.
 

Consolidated revenue from the operations stood at Rs 994.70 crore for the quarter under consideration. It was Rs 1,212.17 crore for the same period a year ago, it added.
 

For the second quarter of FY21, hospital business revenues were at Rs 746.3 crore as against Rs 972.3 crore earlier,