08-02-2024 02:48 PM | Source: Reuters
India`s Apollo Hospitals beats Q3 profit view
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India's Apollo Hospitals Enterprise reported a bigger-than-expected third-quarter profit on Thursday, as higher bed occupancy mitigated the impact of its cash-guzzling pharmacy vertical.
The hospital chain operator's consolidated net profit rose 59% to 2.45 billion rupees ($29.5 million) in the three months ended Dec. 31, beating analysts' average estimate of 2.40 billion rupees, as per LSEG data.
($1 = 82.9622 Indian rupees)
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