Apollo Hospitals PAT at Rs 489.28 cr. in Q1FY22
Healthcare

Apollo Hospitals PAT at Rs 489.28 cr. in Q1FY22

The hospital chain aggressively embarks on digitisation and is e-health ready

  • By IPP Bureau | August 16, 2021

Apollo Hospitals has reported a total income of Rs.3784.85 crores during the period ended June 30, 2021, to Rs.179.22 crores for the corresponding period last fiscal. The total income for the period ended March 31, 2021, stood at Rs 2,888.40 crores

The company has posted a net profit of Rs.489.28 crores for the period ended June 30, 2021, as against a net loss of Rs. 208.19 crores for the corresponding period last fiscal. The net profit for the period ended March 31st 2021 stood at Rs 167.85 crores.

 The company has reported EPS of Rs.34.03 for the period ended June 30, 2021, as compared to an EPS of Rs (14.97) for the corresponding period last fiscal. The EPS for the period ended March 31, 2021, stood at Rs 11.77.

Giving his perspective on the results, Dr Prathap C Reddy, chairman, Apollo Hospitals Group said, “The first quarter of the new financial year saw Apollo Hospitals facing the Covid challenge anew as the second wave swept across the country. It was to the credit of our experience over the last year and the dedication of our doctors, nurses and paramedical staff that we emerged through the second wave successfully saving lives and ensuring that no patient suffered for want of care. At the same time, we ensured that patients facing emergencies or requiring treatment for life-threatening conditions other than Covid continued to receive care with an iron curtain separating Covid and non-Covid areas of the hospitals with strict infection control protocols in place."

"We have increased the pace of digitization and today a patient can have a completely paperless experience right from booking an appointment to initial screening and virtual consultation by a doctor. The use of digital health through the Apollo 24/7 app has enhanced access to specialist care within minutes. AI and ML are powering diagnosis and decision making and supporting our clinicians. With the increasing acceptance of remote care among the people, we are e-health ready with a digital ecosystem that brings every part of Apollo together, whether consults, diagnostics, pharmacy or preventive health. We are confident that as India emerges from the shadow of the pandemic, Apollo Hospitals will stand tall as a beacon of good health and well-being not just for the people of India, but for people around the world," he concluded. 

Upcoming E-conference

Other Related stories

Startup

Digitization