Apollo Hospitals share price jumps: Apollo Hospitals Enterprise Q2 Results 2024-25 | Markets News
Apollo Hospitals share price jumped over 6 percent on November 7, 2024 morning. Apollo Hospitals Enterprise Limited Q2 Results 2024-25 showed that Profit After Tax jumped 63 percent to Rs 379 crore.
Apollo Hospitals Enterprise share price jumped on November 7, 2024 (Pic: Apollo Hospital and Depositphotos)
Mumbai: Apollo Hospitals Enterprise Limited share price jumped over 6 per cent to Rs 7,420.80 Thursday morning. The Apollo Hospitals stock rose a day after the company declared its second quarter results of 2024-25. The multinational healthcare group registered a 63 per cent growth in its consolidated profit after tax to Rs 379 crore as against a PAT of Rs 233 crore during Q2 of the previous financial year.
During the quarter under review, the hospital chain reported its revenue from operations increased 15 per cent year-on-year to Rs 5,589 crore. The financial statement released by Apollo Hospitals Enterprise mentioned that its EBITDA (earnings before interest, taxes, depreciation, and amortization) for the second quarter of 2023-24 surged 30 per cent to Rs 816 crore.
“The first half of FY25 has been an exciting time for us, marked by these major milestones aimed at extending the reach and impact of our healthcare services,” said Prathap C Reddy, founder and Chairman, Apollo Hospitals.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
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