From The Hindu
Center-Left Owned by Kasturi & Sons Ltd.Aurobindo Pharma Q2 net up 32.5% to ₹1,124 cr on higher revenue
What's behind this
Apollo Hospitals reported a 23% rise in its Q2 revenue and a 32% increase in profit, driven by broad-based growth. Hospital business revenue grew 23% as occupancy improved to 73%, while revenue from international patients rose 37%. The company also announced plans to add nearly 5,800 beds over the next five years. BusinessLine highlighted that Apollo Hospitals posted higher profit in the quarter, alongside other companies such as BSE and Sundaram Finance.
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The strong performance the company has delivered in Q2 reflected the strength of the business fundamentals, sustained execution and the resilience of its diversified product portfolio.
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The strong performance the company has delivered in Q2 reflected the strength of the business fundamentals, sustained execution and the resilience of its diversified product portfolio.