Apollo Hospitals shares gained 2% following the release of strong Q4 results for the quarter ended March 31. As of 9:30 AM, the shares were trading 2.49% higher at Rs 7,052.00.
The company reported a robust net profit of ₹411.5 crore, marking a significant 59.3% increase compared to ₹258.4 crore in the same quarter last year. This figure also comfortably surpassed analyst expectations, which had estimated a profit of ₹368.3 crore.
Revenue from operations grew 13.1% year-on-year to ₹5,592.2 crore, closely aligning with market estimates of ₹5,597 crore. The company’s earnings before interest, tax, depreciation, and amortization (EBITDA) also showed impressive growth, rising 20.2% to ₹769.7 crore, just ahead of the predicted ₹769 crore.
Apollo Hospitals continued to improve operational efficiency, with the operating margin expanding to 13.76%, up from 12.96% in the same period last year and slightly above the market expectation of 13.70%.
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