Latest Updates Around The World
India’s largest hospital chain Apollo Hospitals reported a 35% rise in third-quarter net profit to Rs 502 crore compared to the same period last year, while consolidated revenue grew 17% year-on-year to Rs 6,477 crore. EBITDA grew 27% to Rs 965 crore, the company said in a filing with the stock exchanges on Wednesday.The company’s […]
Shares of Max Healthcare, Apollo Hospitals Enterprise, Narayana Health, Fortis Healthcare and Aster DM, among others, rose as much as 4% after Finance Minister Nirmala Sitharaman announced measures to boost medical tourism in the Union Budget 2026. “To promote India as a hub for medical tourism services, I propose to launch a scheme to support […]
The ongoing restructuring of Apollo Hospitals Enterprise to spin off its pharmacy and digital healthcare businesses was a purely managerial decision to sharpen strategic focus and create shareholder value, director Suneeta Reddy told ET, rejecting any suggestion of family differences or change in the dynamics of the promoters. “Let’s not think about it from a […]
Apollo Hospitals Enterprise reported another strong quarter of growth, with consolidated profit after tax (PAT) rising 26% year-on-year to Rs 477 crore in the September quarter (Q2FY26), driven by broad expansion in healthcare, diagnostics and digital healthcare.The company’s consolidated revenue grew 13% year-on-year to Rs 6,304 crore, supported by steady patient volumes and margin improvement […]
