November 22, 2024 16:01 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma | Baba Siddique murder case: Arrested Akashdeep Gill used a labourer's hotspot to evade tracking, say police | Donald Trump picks 'smart and tough' Pam Bondi as new US Attorney General after Matt Gaetz withdraws | Canadian government denies media report that claims PM Modi knew of Khalistani leader Nijjar's killing | PM Modi bestowed Dominica's highest award at India-CARICOM Summit
Apollo Hospitals Q3FY24 Consolidated PAT grows 60% to Rs 2,453 million

Apollo Hospitals Q3FY24 Consolidated PAT grows 60% to Rs 2,453 million

| @indiablooms | 08 Feb 2024, 11:21 pm

Mumbai: Apollo Hospitals, one of India’s leading healthcare providers, reported Rs. 2,453 million Profit After Tax (PAT) for the third quarter of FY24, demonstrating a notable increase of 59.87% from Rs. 1,535 million recorded in Q3FY23.

The company recorded a revenue of Rs. 48,506 million during the quarter under review, marking a notable increase from Rs. 42,636 million reported in the third quarter of the previous fiscal year, indicating a substantial year-on-year growth of 14%.

The earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at Rs. 6,137 million for the third quarter of FY24.

This represents a substantial improvement compared to Rs. 5,053 million recorded in the corresponding quarter of FY23.

Notably, these figures include costs related to Apollo 247 amounting to Rs. 1,557 million during the quarter, which also encompassed a non-cash ESOP charge of Rs. 141 million.

This is in contrast to the Rs. 2,024 million incurred in Q3 FY23.

The financial report also highlights a noteworthy diluted earnings per share (EPS) figure of Rs. 17.06 for the third quarter of FY24, indicating the earnings attributed to each outstanding share. It's important to note that this EPS figure is not annualized.

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.