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Apollo Hospitals Q4 PAT jumps 50% YoY to Rs 146 cr

30-May-23 16:13Hrs IST

However, revenue from operations stood at Rs 4,302.20 crore during the quarter, up 21.31% from Rs 3,546.43 crore recorded in the same period last fiscal.

Profit before tax rose 7.61% year on year to Rs 253.60 crore in the quarter ended 31 March 2023.

During the quarter, the company's revenue from Healthcare Services was Rs 2,227.40 crore (up 18.53% YoY) and revenue from Digital Health & Pharmacy Distribution was Rs 1,799.17 crore (up 30.9% YoY) and the revenue from Retail Health & Diagnostics stood at Rs 308.47 crore (up 3.97% YoY).

On full year basis, the company's consolidated net profit declined 23.8% to Rs 844.57 crore despite of 13.3% rise in revenue from operations to Rs 16,612.45 crore in FY23 over FY22.

Meanwhile, the company's board recommended a final dividend of Rs 9 per share for the financial year ending 31 March 2023. The record date for the same is fixed on Saturday, 19 August 2023 and the dividend will be paid, subject to deduction of tax at source, on and from 9 September 2023.

Apollo Hospitals Enterprise is a private sector healthcare provider. It owns and operates hospitals across the country.

Shares of Apollo Hospitals Enterprise declined 0.92% to end at Rs 4,603.25 on the BSE.

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