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HomeIndiaIndia's Apollo Hospitals beats Q2 profit view on strong healthcare services demand

India’s Apollo Hospitals beats Q2 profit view on strong healthcare services demand

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(Reuters) – India’s Apollo Hospitals Enterprise topped second-quarter profit expectations on Wednesday, driven by higher demand for its healthcare services.

The hospital chain operator’s consolidated net profit surged 62.6% year-on-year to 3.79 billion rupees ($45 million) in the quarter ended Sept. 30, beating analysts’ average estimates of 3.64 billion rupees, as per data compiled by LSEG. ($1 = 84.2760 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru; Editing by Savio D’Souza)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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