Healthcare major Apollo Hospitals Enterprise today reported
49.28 per cent rise in net profit to Rs 83.24 crore for the quarter ended
September 30, 2012 on the back of robust sales. It had posted net profit of Rs
55.76 crore for the July-September quarter of 2011, Apollo Hospitals said in a
filing to BSE.
Total income of the group rose to Rs 836.32 crore for the
quarter, from Rs 699.75 crore in the year-ago period. During the quarter the
company transferred seven of its clinics through a slump sale arrangement to
its 100 per cent subsidiary, Apollo Health and Lifestyle Ltd.
The company had also divested one third of its equity
investment in British American Hospitals Enterprise Ltd. Apollo Hospitals scrip
closed at Rs 804.80 on the BSE, down 6.21 per cent from its previous close.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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