November 06, 2024 07:53 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region
Apollo Hospitals FY24 March qtr consolidated PAT soars 77% YoY to Rs 258 cr; company announces dividend

Apollo Hospitals FY24 March qtr consolidated PAT soars 77% YoY to Rs 258 cr; company announces dividend

| @indiablooms | 30 May 2024, 08:08 pm

Mumbai: Healthcare services Apollo Hospitals Enterprise announced a staggering increase of 77 percent in its consolidated net profit for the fourth quarter of the fiscal year 2023-24, reaching Rs 258 crore, compared to Rs 146 crore in the same quarter of the previous fiscal year.

Revenue also witnessed a growth of 15 percent year-on-year, reaching Rs 4,944 crore compared to Rs 4,302 crore in the corresponding quarter last year, slightly exceeding the anticipated revenue of around Rs 4,927 crore.

The company's board recommended a final dividend of Rs 10 per share for the fiscal year 2023-24, with August 17, 2024, set as the record date.

Furthermore, Dr. Prathap C Reddy has been re-appointed as a wholetime director designated as Executive Chairman for a period of two years starting from June 25, 2024, pending approval from the shareholders.

During the same period, the operational performance of the hospital operator also saw improvement compared to the previous year, attributed to decreased losses from its online subsidiary, Apollo HealthCo.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.