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Apollo Hospitals Enterprise reports 41% fall in Q4 net profit

Apollo Hospitals Enterprise has reported results for fourth quarter and year ended March 31, 2017.

The company has reported a fall of 40.77% in its net profit at Rs 48.16 crore for the quarter ended March 31, 2017 as compared to Rs 81.31 crore for the same quarter in the previous year. However, total income of the company increased by 14.65% at Rs 1670.77 crore for quarter under review as compared to Rs 1457.34 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the company has posted a fall of 14.61% in its net profit at Rs 285.15 crore as compared to Rs 333.95 crore in FY16. However, total income of the company increased by 15.06% at Rs 6467.66 crore for quarter under review as compared to Rs 5621.04 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted fall of 57.34% in its net profit at Rs 88.73 crore as compared to Rs 207.99 crore in the previous year. However, total income of the company increased by 16.26% at Rs 7277.40 crore for year under review as compared to Rs 6259.68 crore for the year ended March 31, 2016.

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