Apollo Hospitals Group registered a 34% rise in its profit after tax to Rs 137.60 crore during the financial year ended March 31, 2010, as compared to Rs 102.50 crore in the previous year. In 2009-10, the company’s revenue rose by 26% to Rs 2,058.70 crore as against Rs 1,635 crore during the 2009 fiscal. The robust performance was due to sustained growth in core operations ? existing hospitals as well as allied businesses? and sharp improvement in operating parameters. On the standalone basis, the total revenues increased by 25% to Rs 1,825.80 crore as compared to Rs 1,458 crore in the financial year 2009. Commenting on the group?s performance, Apollo Hospital Group chairman Prathap C Reddy said, ?Our financial performance continues to be strong and is a derivative of our patient-centric healthcare services model. We are focused on clinical outcomes and operational excellence and complete patient centric approach to healthcare delivery. We have expanded our national footprint this quarter and have made giant strides in introducing new technologies and clinical protocols to our portfolio of treatments.?
Hospital unit?s PAT jumps 34%
Apollo Hospitals Group registered a 34% rise in its profit after tax to Rs 137.60 crore during the financial year ended March 31, 2010, as compared to Rs 102.50 crore in the previous year.
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This article was first uploaded on June one, twenty ten, at eleven minutes past twelve in the am.
