Healthcare Facilities company Apollo Hospitals Enterprise announced Q3FY24 & 9MFY24 results:
Consolidated Q3FY24:
- Revenues at Rs 48,506 million vs Rs 42,636 million in Q3FY23; growth of 14% YoY
- EBITDA at Rs 6,137 million vs Rs 5,053 million in Q3FY23. This is after Apollo 247 cost of Rs 1,557 million in the quarter (including Rs 141 million non-cash ESOP charge) vs Rs 2,024 million in Q3 FY23.
- Reported PAT at Rs 2,453 million vs Rs 1,535 million in Q3FY23
- Diluted EPS of Rs 17.06 per share in Q3FY24 (not annualized)
Consolidated 9MFY24:
- Revenue at Rs 141,153 million vs Rs123,103 million in 9MFY24; growth of 15% YoY
- EBITDA at Rs 17,502 million vs Rs 15,615 million in 9MFY23. This is after Apollo 247 cost of Rs 5,569 million for 9M(including Rs 785 million non-cash ESOP charge) vs Rs 5,181 million in 9MFY23.
- PAT stood at Rs 6,448 million vs Rs 5,315 million in 9MFY23
- Reported PAT stood at Rs 6,448 million vs Rs 6,746 million in 9MFY23
- Diluted EPS of Rs 44.84 per share in 9MFY24
Health Care service Q3FY24 Performance:
- Revenue at Rs 24,635 million vs Rs 21,944 million in Q3 FY23; growth of 12% YoY
- EBITDA grew by 8% at Rs 5,860 million vs Rs 5,428 million in Q3FY23; Margins at 23.8% in Q3FY24
- PAT stood at Rs 2,872 million vs Rs 2,609 million in Q3FY23, 10% growth
Health Care service 9MFY24 Performance:
- Revenue at Rs 73,044 million vs Rs 64,823 million in 9MFY23; growth of 13% YoY
- EBITDA grew by 10% at Rs 17,627 million vs Rs 15,984 million in 9MFY23; Margins at 24.1% in 9MFY24
- PAT stood at Rs 8,648 million vs Rs 9,043 million in 9MFY23
Dr. Prathap C Reddy, Chairman, Apollo Hospitals Group said, "In the pursuit of a healthier nation, Apollo remains steadfast in its belief in the importance of preventive healthcare. Our mission is to empower individuals to safeguard their well-being, preventing the onset of NonCommunicable Diseases (NCDs). In a country where 5.8 million lives are claimed annually by NCDs, and 1 in 4 Indians faces the risk of such an outcome before the age of 70, Apollo ProHealth emerges as a beacon of comprehensive personalized prevention. Combining medical expertise with Artificial Intelligence, this program, curated by skilled physicians, evaluates overall health, predicts risks, and guides individuals on a personalized path to wellness. It equips you with the tools and knowledge to make proactive choices for your well-being.
Our vision is resolute – to integrate preventive healthcare into the lives of every Indian. More than a business objective, it's a commitment to our nation's health. Together, let's strive to nurture countless healthy and happy families, shielding them from the growing threat of noncommunicable diseases.”