Apollo Hospitals net profit declines 20 percent to Rs 213 crore in Q2
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New Delhi: Apollo Hospitals on Thursday said its consolidated net profit declined 20 percent to Rs 213 crore in the second quarter ended September.
The healthcare major had reported a net profit of Rs 267 crore in the July-September period of previous fiscal.
Total income increased to Rs 4,274 crore in the second quarter of the current fiscal as against Rs 3,723 crore in the year-ago period, Apollo Hospitals said in a regulatory filing.
Shares of the company ended 1.8 percent down at Rs 4,282.25 apiece on the BSE.
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Dr. Prathap C Reddy, Chairman, Apollo Hospitals Group said, "The first half of FY23 is a clear sign that the pandemic is now behind us. However, we continue to be vigilant with appropriate precautions in all our facilities. We have seen a return of patients to our facilities for treatment of chronic diseases, which bodes well for our fight against the tsunami of non-communicable diseases (NCDs). We have also seen a significant increase in the number of international patients coming to us, even though air services remain lower than Pre-Covid levels. The Governments' thrust on Heal in India is inspirational, and I have no doubt that India will soon be the foremost global destination for high-quality healthcare.
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