Topics Apollo Hospitals | Q4 Results | EBITDA
Devangshu Datta | New Delhi Last Updated at May 28, 2022 00:53 IST
https://mybs.in/2avcm7M
Apollo Hospitals Enterprise Q4 results delivered disappointing Ebitda as compared to analysts' consensus, despite 12 per cent growth YoY, due to a sequential 21 per cent decline QoQ. The profit after tax dropped 46 per cent YoY to Rs 90 crore.
Revenues grew 24 per cent YoY to Rs 3,540 cr (down 3 per cent QoQ), mainly boosted by inorganic growth due to hospital acquisitions. The QoQ decline was largely because of a sharp drop in occupancy across the hospital network. Occupancy dropped to 57 per cent, from 63 per cent QoQ; the management explained this as delays in elective surgery ...
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