Fortis Healthcare soars on reporting 67% rise in Q2 consolidated net profit
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Fortis Healthcare is currently trading at Rs. 297.25, up by 14.55 points or 5.15% from its previous closing of Rs. 282.70 on the BSE.
The scrip opened at Rs. 285.00 and has touched a high and low of Rs. 298.55 and Rs. 285.00 respectively. So far 51495 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 324.80 on 19-Sep-2022 and a 52 week low of Rs. 219.80 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 298.55 and Rs. 274.80 respectively. The current market cap of the company is Rs. 21342.67 crore.
The promoters holding in the company stood at 31.17%, while Institutions and Non-Institutions held 50.61% and 18.22% respectively.
Fortis Healthcare has reported many fold in its net profit at Rs 82.41 crore for Q2FY23 as compared to Rs 4.17 crore for the corresponding quarter previous year. Total income of the company increased by 26.18% to Rs 320.90 crore for the quarter under review as compared to Rs 254.32 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported rise of 67.11% in its net profit at Rs 218.24 crore for the quarter under review as compared to Rs 130.60 crore for the same quarter in the previous year. Total income of the company increased by 10.35% to Rs 1,622.73 crore for the quarter under review as compared to Rs 1,470.56 crore for the same quarter in the previous year.
