Apollo Hospitals exceeds Q2 profit forecast on strong demand for healthcare services
Written By : Ruchika Sharma
Published On 2024-11-07 06:00 GMT | Update On 2024-11-07 06:00 GMT
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Bengaluru: Apollo Hospitals Enterprise exceeded profit expectations for the second quarter, with increased demand for healthcare services driving strong results. The company's consolidated net profit rose by nearly 63% year-over-year to 3.79 billion rupees ($45 million) for the quarter ending September 30, surpassing analysts' average estimate of 3.64 billion rupees, according to data from LSEG.
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