Union health ministry secretary Punya Salila Srivastava lauds HLL’s six decades of contribution to public healthcare and social development
The initial consideration for the transaction is US$ 12 million
Gross Profit stood at Rs. 36.02 crore compared to Rs. 20.42 crore during Q2FY24, a significant increase of 76.40%
Strategic focus on COCO-model with a nationwide reach of 501 stores
Apollo Pharmacy has over 50% market share amongst India’s organized pharmacies
The companies plan to use the proceeds to retire debt and expand operations
Its store network grew from 144 stores in March 2019 to 236 stores. It has a presence in 23 cities across Maharashtra, Goa and Karnataka, employing more than 4,600 people.
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