Fortis Healthcare rises on reporting around 3-fold jump in Q3 consolidated net profit
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Fortis Healthcare is currently trading at Rs. 261.70, up by 2.60 points or 1.00% from its previous closing of Rs. 259.10 on the BSE.
The scrip opened at Rs. 256.00 and has touched a high and low of Rs. 264.15 and Rs. 253.00 respectively. So far 50304 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 313.80 on 04-Jan-2022 and a 52 week low of Rs. 156.00 on 22-Feb-2021.
Last one week high and low of the scrip stood at Rs. 266.40 and Rs. 253.00 respectively. The current market cap of the company is Rs. 19560.97 crore.
The promoters holding in the company stood at 31.17%, while Institutions and Non-Institutions held 45.75% and 23.08% respectively.
Fortis Healthcare has reported a fall of 59.76% in its net profit at Rs 8.55 crore for the quarter ended December 31, 2021 as compared to Rs 21.25 crore for the same quarter in the previous year. However, total income of the company increased by 9.17% at Rs 263.01 crore for Q3FY22 as compared Rs 240.91 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported around 3-fold jump in its net profit at Rs 141.71 crore for the quarter under review as compared to Rs 53.88 crore for the same quarter in the previous year. Total income of the company increased by 24.10% at Rs 1,473.34 crore for Q3FY22 as compared Rs 1,187.20 crore for the corresponding quarter previous year.
