Fortis Healthcare reports around 3-fold jump in Q3 consolidated net profit

Fortis Healthcare has reported results for third quarter ended December 31, 2021.

fortis healthcare soars on turning black in q1
fortis healthcare soars on turning black in q1

The company has reported a fall of 59.76% in its net profit at Rs 8.55 crore for the quarter under review as compared to Rs 21.25 crore for the same quarter in the previous year. However, total income of the company increased by 9.17% at Rs 263.01 crore for Q3FY22 as compared Rs 240.91 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 3-fold jump in its net profit at Rs 141.71 crore for the quarter under review as compared to Rs 53.88 crore for the same quarter in the previous year. Total income of the company increased by 24.10% at Rs 1,473.34 crore for Q3FY22 as compared Rs 1,187.20 crore for the corresponding quarter previous year.

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