Leading hospital chain Apollo Hospitals Enterprises Ltd (Ahel) has posted a consolidated net profit of Rs 477 crore during the second quarter this financial year, up 26 per cent from Rs 379 crore during the same period last financial year.
Apollo Hospitals Enterprise is set to expand presence in metro cities during FY26 with the addition of five hospitals that would add over 1,400 beds.
Apollo Hospitals Enterprise (APH) delivered an in-line performance for the April-June quarter of the financial year 2024-2025 (Q1FY25)with growth in the number of patients. AHLL (Apollo Health & Lifestyle), a subsidiary, posted sales growth and profitability. APH also reduced operational costs at Healthco.
The stock of Apollo Hospitals Enterprise (AHEL), India's largest listed health care services company, fell 4.6 per cent on Monday (April 29) and slipped another 0.34 per cent to close at Rs 5,946.20 on Tuesday (April 30). The share declined due to a lower valuation for subsidiary Apollo HealthCo (AHL) and an aggressive valuation for Keimed, a promoter-owned drug wholesaler that is merging with AHL.
Apollo HealthCo Ltd (AHL), a subsidiary of Apollo Hospitals Enterprise (AHEL), on Friday entered into a binding agreement to raise equity capital of Rs 2,475 crore from Advent International (Advent), one of the world's largest private equity (PE) players. The transaction will also see the merger of two units under Apollo Healthco - its wholesale pharma distribution unit Keimed Pvt Ltd and online healthcare business Apollo 24'7. The merger will take place in a phased manner over the next 24-30 months.
Apollo Hospitals Enterprise Ltd renewed term of directors Preetha Reddy, Suneeta Reddy and Sangita Reddy for three years.
The first phase of the programme will kick off with vaccinations in Hyderabad on Monday and in Visakhapatnam on Tuesday (May 18) at Apollo facilities.
India-based Apollo Hospitals on Wednesday opened its services in Bangladesh, becoming the first private multi-purpose facility in the country that would pave the way for better treatment of the people.
Apollo Hospitals & Royal College of General Practitioners, UK offers Diploma in Family Medicine.
Healthcare chain Apollo Hospital Enterprises has said it is in advance talks with two US firms for a possible takeover as part of its plans to expand in medical business process outsourcing.
The wicket-keeper-batter has turned to Hyperbaric Oxygen Therapy to get back in shape for the upcoming IPL.
The June quarter numbers of the country's largest listed healthcare services provider, Apollo Hospitals Enterprise (Apollo), were in line with Street estimates on the operational front. Net profit estimates, however, missed expectations due to higher interest and tax outgo. The revenue performance of the core hospital segment was robust, registering a 13 per cent increase over the year-ago quarter.
Apollo Health Street Ltd, which is more than 75 per cent owned by the Apollo Hospitals group, said on Wednesday it had received a multi-year contract for more than Rs 300 million from a New York-based teaching hospital. \n\n\n\n
Lawyers are working on the documents related to forming a trust and other legal formalities
The questioning comes a day after police put three senior doctors -- Prasad Rao, Anupam Sibal and Mukund Pandey -- through intense interrogation for nearly nine hours to get details of the treatment given to Rahul.
Large number of All India Anna Dravida Munnetra Kazhagam supporters have been waiting anxiously outside the Apollo Hospital in Chennai since Sunday night for information on ailing chief minister and party supremo Jayalaithaa who suffered a cardiac arrest after days of showing improvement.
The Budget reframes healthcare as a strategic national capability, backing biopharma innovation, workforce expansion and technology-led governance to power India's next growth phase.
The hospital said it had to act when faced with situations where a split second decision could make the difference between life and death.
Buoyant domestic sales are expected to lift revenues for pharma companies by 8-11 per cent in Q3FY26, even as declining generic Revlimid (cancer drug) sales in the US remain a key drag. Most brokerages forecast a modest 2-4 per cent growth in profit after tax (PAT) for the quarter. Hospitals and diagnostics companies, meanwhile, are likely to post much stronger numbers, with revenues seen growing 20-22 per cent year-on-year (Y-o-Y).
Information and Broadcasting Minister Priyaranjan Dasmunsi, who is admitted in the All India Institute of Medical Sciences for the past eight days following a severe heart attack, was on Monday in a stable condition but still unconscious with no sign of a remarkable improvement.
Apollo Hospitals Enterprise Ltd (AHEL) on Tuesday said its ongoing restructuring aims to unlock the value of its omni-channel pharmacy and digital businesses, while enhancing shareholder returns. The newly-formed entity is expected to achieve a year-on-year growth rate of 22-23 per cent, driven by the e-pharmacy segment and other business verticals, with a revenue target of Rs 25,000 crore by the financial year 2027.
The growing caution among hospitals is being driven by a rise in double-extortion ransomware attacks, AI-enabled phishing, deepfake fraud, and vulnerabilities in connected medical devices.
"Her mental functions, I can assure you, are absolutely normal," said Apollo Hospitals chairman Pratap C Reddy.
A meeting of the board of directors of Apollo Hospitals Enterprise Ltd will be held on January 28 to consider and approve the unaudited financial results of the company for the quarter ended December 31, 2002.\n\n\n\n
Apollo Hospitals was looking at divesting at least 50 per cent of Apollo Pharmacy, the retail pharmacy network, for Rs 1,000 crore.
The listing would help the company expand.
Temasek Holdings, the Singapore government's investment arm, has sold its entire 5.26 per cent stake in healthcare major Apollo Hospitals Enterprise for Rs 133.68 crore (Rs 1.34 billion).
While Q2FY26 is expected to be mildly disappointing for the hospital sector, there's a lot of investor optimism for the future. This comes after a favourable revision in rates for Central Government Health Scheme (CGHS) procedures, as well as expectations of rising occupancy and growth in average revenue per operating bed (ARPOB).
Apollo Hospitals Enterprises Ltd has posted a net profit of Rs 58 million for the quarter ended December 31, 2002 as compared to a net profit of Rs 52 million in the quarter ended December 31,2001.
A 70-year-old man, along with his daughter-in-law and her minor son, allegedly stole jewellery worth Rs 50 lakh from his own daughter's house after drugging her, the police said on Tuesday.
'Cancer incidence is projected to increase by 12.8 per cent by 2025 compared with 2020, necessitating more dedicated cancer treatment centres and specialised beds.'
Rajinikanth, who had been admitted to Chennai's Apollo Hospital on September 20 after complaining of ill health, was discharged on Thursday night.
The impact of the collision was so severe that a coach of the passenger train ended up on top of a wagon of the cargo train, the railway officials said.
In 2026, try and include these 10 crucial foods in your diet.
'If there's one thing I wish I had done differently when I was hit by a stroke last January,' Zerodha CEO Nithin Kamath said on X (formerly Twitter), 'it would be to go to the hospital immediately, within the Golden Hour, instead of thinking I could just sleep it off.'
The Apollo group is planning to build a hospital in Africa in the next two years.
At least eight persons, including the loco pilot, were killed and 14 others injured after a passenger train allegedly jumped a red signal and collided with a goods train from behind near Bilaspur station in Chhattisgarh on Tuesday, officials said.
Leading chains plan Rs 40K crore infra revival to close capacity gap over next 3-5 years