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Apollo Hospitals Skyrockets to Rs 7,433.65 on Q2 Triumphs—Discover More!

Apollo Hospitals' shares hit a record high, surging 6% after Q2 results surpassed expectations with strong growth in profit, revenue, and profitability across all segments.
Apollo Hospitals Skyrockets to Rs 7,433.65 on Q2 Triumphs—Discover More!

Apollo Hospitals achieved a new high, with shares surging over 6% to Rs 7,433.65, following impressive Q2 results. The healthcare giant exceeded expectations with significant growth in profit, revenue, and profitability, led by robust performance in all segments.

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The company’s shares were trading at Rs 7,405 on the NSE at 09.19 am, reflecting investor enthusiasm for the stellar earnings reported for the July-September quarter. This market reaction underscores the strong financial health and investor confidence in Apollo Hospitals.

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In Q2, Apollo Hospitals’ consolidated net profit soared by 59% to Rs 395.70 crore from Rs 248.80 crore in the same period last year. This increase is attributed to a 15% rise in revenue to Rs 5,589.3 crore, demonstrating the company’s robust operational performance.

Apollo HealthCo, Apollo Hospitals’ digital health and pharmacy vertical, turned a profit this quarter, reporting Rs 38.9 crore compared to a loss last year. This success has significantly contributed to the overall profitability and margin expansion for the company.

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The company’s EBITDA margin expanded sharply to 14.16% this quarter from 12.9% in the previous year, driven by improved occupancy rates in its flagship hospitals and enhanced performance across all segments. Occupancy rates rose to 73% from 68%, boosting patient inflow.

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Apollo Hospitals is expanding its healthcare services by planning major projects, including a new 500-bed hospital in Mumbai and an expansion of its Lucknow facility from 300 to 500 beds. These initiatives are part of a broader strategy to add over 3,512 beds across India in four years.

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