Apollo Hospitals Posts Higher Quarterly Profit

Apollo Hospitals reported a nearly one-third increase in quarterly profit driven by strong demand for complex medical procedures. Overall revenue from operations rose 23 percent as hospital occupancy improved.

Perspectivas:
An airplane flies past an Apollo Hospital building in New Delhi, India, December 6, 2023. REUTERS/Adnan Abidi

Apollo Hospitals Enterprise quarterly profit rose nearly a third on Wednesday, reaching 6.30 billion Indian rupees ($66.52 million) in the quarter ended September 30. The result matched expectations, driven by strong demand for complex procedures in India. Healthcare operators face rising demand for specialized care across urban centers.