Fortis Healthcare reports 40 percent increase in PAT to Rs 174 crore for Q1
Fortis Healthcare has announced a rise of 40 percent in its consolidated profit after tax (PAT), reaching Rs 174 crore for the first quarter ending June 30, 2024. This significant growth is attributed to robust performance in its hospital business. In comparison, the healthcare giant reported a PAT of Rs 124 crore for the same period last year.
Fortis Healthcare Limited is a integrated healthcare delivery service provider in India. The healthcare verticals of the company primarily comprise hospitals, diagnostics and day care specialty facilities. Currently, the company operates 28 healthcare facilities (including JVs and O&M facilities). The Company’s network comprises approximately 4,600 operational beds (including O&M beds) and ~419 diagnostics labs.
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