New Delhi: Fortis Healthcare Ltd on Friday reported an 89 per cent bounce in consolidated net profit to Rs 254.3 crore within the December quarter, boosted by distinctive merchandise beneficial properties. The corporate had posted a consolidated net profit of Rs 134.23 crore in the identical quarter final fiscal, Fortis Healthcare Ltd (FHL) stated in a regulatory submitting.
Consolidated income from operations within the third quarter stood at Rs 1,928.26 crore in opposition to Rs 1,679.68 crore within the yr-in the past interval, it added.
In the course of the quarter, the corporate had distinctive merchandise achieve of Rs 23.5 crore from the sale of Richmond Street Hospital, Bengaluru and Rs 30 lakh from reversal of allowance of curiosity accrued receivable from Fortis C Doc Healthcare Ltd, the submitting stated.
Whole bills have been increased at Rs 1,695.62 crore within the October-December quarter in contrast to Rs 1,515.58 crore within the corresponding interval final fiscal, the corporate stated.
“We have now continued our constructive momentum in Q3 with the hospital enterprise contributing roughly 84 per cent to our consolidated income…,” Fortis Healthcare MD and CEO Ashutosh Raghuvanshi stated.
Income from focus specialities comprising oncology, neurosciences, cardiac sciences, gastroenterology, orthopaedics and renal sciences contributed 62 per cent to total hospital enterprise revenues, he added.
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