Apollo Hospitals Q3 results: Net profit declines 33% to Rs 153 crore

Revenue of existing hospitals grew 9 per cent, while the new hospitals grew by 8 per cent

Apollo Hospitals Enterprise has posted a 33 per cent dip in consolidated net profit for the third quarter of the financial year 2022-23 to Rs 153 crore, as compared to Rs 228 crore during the October-December quarter of 2021-22.

The company’s revenue during the period under review saw a rise of 19 per cent to Rs 4,264 crore as against Rs 3,639 crore during the third quarter of 2021-22. The company announced an interim dividend of Rs 6 per share amounting to a pay-out of Rs 86 crore.

Consolidated Revenues of the healthcare services division increased by 9 per cent