Fortis Healthcare Q2 Results: Net profit rises 5% YoY to Rs 193 crore
Revenue increased to Rs 1,988 crore for the September quarter as against Rs 1,770 crore in the year-ago period, Fortis Healthcare said in a regulatory filing.
«We have continued our positive momentum in Q2 with the hospital business contributing approximately 82 per cent to our consolidated EBITDA,» Fortis Healthcare MD and CEO Ashutosh Raghuvanshi stated.
The healthcare provider is making good progress in its plans to add nearly 700 beds this fiscal year across key facilities, including Faridabad, Anandpur, Shalimar Bagh, and Noida, he added.
«Commensurate with our expansion plans, our 350-bed Manesar facility which we acquired in FY24 was commissioned recently. Leveraging our robust balance sheet, we would actively pursue further inorganic growth opportunities in our focus geographic clusters,» Raghuvanshi said.
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