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Fortis posts consolidated net loss of Rs.36.76 crore for December quarter

Fortis Healthcare, has today reported its financial earnings for September and December quarter of 2017-2018.

For the quarter ended December 31,2017, Fortis Healthcare has reported a consolidated net loss of Rs.36.76 crore, while in the corresponding quarter previous year it had reported a net profit of Rs.441.92 crore. It had a net loss of Rs.45.72 crore in Q2FY18.

The company as of the end of September and December 2017, has a net debt of Rs.1,655 crore and Rs.1,339 crore, respectively, which represents a net debt to equity ratio of 0.27x and 0.22x. Further, the company had net debt to equity ratio of 0.19x and 0.20x as of June-end and March-end 2017, respectively.

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