Apollo hospitals reports Rs 311.8 crore turnover in Q4

Mumbai, June 24 (UNI) Asia's largest healthcare service provider Apollo Hospitals today reported a 31.6 per cent increase in its turnover for the last quarter of fiscal 2008 at Rs.311.8 crore and a net profit of Rs.21.9 crore, a 48.9 per cent increase over the figures for the same period last fiscal.

The annual income for for the year was Rs.1150 crore, a 28 per cent increase over the income of Rs 899.5 crore during the corresponding period of last year. The net profit after tax before extra ordinary items for 12 months ended March 31, 2008 stood at Rs 101.80 crore, a 51 per cent increase over Rs. 67.6 crore for the corresponding period of last year.

The hospital division turnover grew at 21 per cent. During the financial year 2007-08, 262 standalone pharmacies were added taking the total tally to 612.

Apollo Global Projects and Consultancy division revenue stood at Rs. 22 crore, an increase of 35 per cent in the turnover of Rs 16.2 crore for the year ended March 31, 2007.

Commenting on the Group's outstanding performance and dynamic plans ahead, Dr. Prathap C Reddy, Chairman, Apollo Hospitals Group said, ''the relentless pursuit of clinical excellence and patient care has been the hallmark of Apollo Hospitals group. The trust that the nation has in Apollo Hospitals is represented in its outstanding growth over the last 25 years.

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