Apollo Hospitals Promoters to sell interest worth RS 1.395 crore in Blok Deal: report

Promoters of Apollo Hospitals Enterprise are likely to sell shares worth RS 1.395 Crore in the company via Block Deal on Friday. The floor price has probably been set at RS 7,747 per share, etc. now reported.

This is a 2% discount compared to the closing price of Thursday of RS 7,920. Apollo Hospitals shares closed with a profit of RS 37 or 0.47%.

While the details of the deal are expected, CNBC-TV18 reported that Suneetha Reddy will sell equity of up to 1.25%. It currently has 3.36% interest in interest of more than 48.34 Lakh shares.

Apollo Hospitals Enterprise reported a consolidated net profit of RS 433 Crore in Q1, an increase of 42% compared to RS 305 Crore reported in the period of the year ago. The profit after tax (pat) was due to the owners of the company. The turnover of the company from the activities in the quarter grew by 15% to RS 5,842 Crore versus RS 5,086 Crore in Q1FY25.

The pat was 11% higher on a successive base versus RS 390 Crore in Q4FY25, while the top line rose by 4.5% compared to RS 5,592 reported by the company in Q4FY25.

The income was announced after market hours and Apollo Hospitals shares ended with Minor Downtick on RS 7,253 on the NSE. 2,654 crore in Q1FY25. The Retail Health & Diagnostics Revenue was on RS 435 CRORE in Q1FY26 versus RS 394 CRORE in Q4FY25 and RS 366 CRORE in Q1FY25, while Digital Health & Pharmacy Distribution Revenue Versus RS 2.36 CRORE IN Q1FY2 AND RS 2.082 Crore in Q4FY25 and RS 2.082 CRORE in Q4FY25 and RS 2.082 CRORE in Q4FY25 and RS 2.082 CRORE IN Q4FY25 and RS 2.082 CRORE in Q4FY25 and RS 2.082 CRORE in Q4FY. Also read: Vedanta announces the second interim dividend of RS 16 per share; Check the record date

(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)