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2024-02-08 02:48:16 pm | Source: Reuters
India`s Apollo Hospitals beats Q3 profit view

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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