InvestorQ : How do you see Apollo Hospitals after the latest Mar-20 quarterly results announced?
Lavanya Subramanian made post

How do you see Apollo Hospitals after the latest Mar-20 quarterly results announced?

Answer
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ishika Banerjee answered.
3 months ago


Apollo Hospitals reported 168% growth in net profits to Rs.206 crore for the Mar-20 quarter helped by growth in healthcare services and also in stand-alone pharmacies. The healthcare revenues grew by 19% to Rs.2572 crore while the pharmacy revenues grew by 33% to Rs.1359 crore during the quarter.

SAP had a total store network of 3766 stores in all. The COVID-19 has led to a spike in the number of hospital admissions putting pressure on the system. However, medical tourism is likely to take a hit on account of the pandemic. Apollo was the first private Indian hospital and remains the largest.