India’s largest Hospital chain, Apollo Hospitals reported their quarterly financial statement with a net profit of Rs. 60.16 crores a significant 71% rise in profit level as compared to Rs. 35.2 crore profit earned in the June-end quarter of the fiscal year 2018.

Apollo Hospitals also reported the total revenue of Rs. 1910 crore achieved during the first quarter of the current financial year, posting a 16% rise as compared to Rs.1646 crores revenue earned in the corresponding period of last year.

The company’s EBITDA grew 31% to Rs.227 crores in the quarter under review. The company said in the statement that the revenue growth was supported by 20% growth in pharma and a volume driven 12% rise in healthcare. Revenue obtained from the new hospital went up by 23%.

The stock price of Apollo Hospital in NSE has gained around 18% after the release of the quarterly financial report.

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