Apollo Hospitals Q4 Results Highlights: Net profit increases 77% to ₹258.4 crore, dividend announced

• Healthcare services provider reported a 77% increase in its net profit for the quarter ended March 2024, at ₹258.4 crore, as against ₹145.6 crore in the year-ago period.

• Revenue from operations stood at ₹4,943.9 crore in Q4 FY24, up 15% from ₹4,318.6 crore in the corresponding period last year.

• The hospital chain's board recommended a final dividend of ₹10 per equity share for the financial year 2023-24.

• For FY24, net profit increased 10.7% to ₹935 crore, while revenue jumped 14.7% to ₹19,059.2 crore.

• Apollo Hospitals, Chennai has introduced India’s first state-of-the-art Aquilion One Prism 640-slice CT Scanner.
• Apollo Hospitals, Hyderabad launched the state-of-the-art Brain and Spine Suite.
• First Proton Therapy Centre in South Asia & The Middle East was launched by Apollo Hospitals.
• South-Asia’s first digital PET/CT scanner was introduced at Apollo Proton Cancer Centre, Chennai.
• Indraprastha Apollo Hospitals, Delhi first to install the PET-MR Suite in South Asia
• First hospital group to bring the 640 Slice CT- Angio scan system and the 64 Slice CT-Angio scan system to India
• First hospital group in South-East Asia to introduce the 16 Slice PET-CT Scan
• Apollo Gleneagles Hospitals, Kolkata, introduced the country’s most advanced “128 Slice Ingenuity PET CT- Positron Emission Tomography”
• Equipped with the largest and most sophisticated sleep laboratory in the world
• Novalis Tx Radiotherapy and Radiosurgery, was launched at Apollo Cancer Centre Hyderabad

• Share price: ₹5,802 (-1.7%)
• Open: ₹5,900
• High: ₹5,901
• Low: ₹5,792
• Total m-cap: ₹83,482 crore
• Free float m-cap: ₹58,447 crore

Executive Directors

• Dr Prathap C Reddy, Founder, Chairman
• Dr Preetha Reddy, Executive Vice Chairperson
• Shobana Kamineni, Executive Vice Chairperson
• Suneeta Reddy, Managing Director
• Sangita Reddy, Joint Managing Director

Independent Directors

• Dr. Murali Doraiswamy
• V Kavitha Dutt
• MBN Rao
• Som Mittal
• Rama Bijapurkar

Apollo Hospitals was established in 1983 by Dr Prathap C Reddy. Apollo Group constitutes the hospital nationwide with over 10,000 beds across 73 hospitals, more than 5000 pharmacies, over 300 clinics and over 1100+ diagnostic centres.