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Apollo Hospitals Q4FY24: PAT jumps 77.47%; revenue up 15.13%

Apollo Hospitals Enterprise Limited announced Q4FY24 and FY 24 results.

PAT jumped 77.47% to ₹ 258.40 crore in Q4 FY24 against ₹ 145.60 crore in Q4 FY23. On a quarterly basis, the consolidated PAT increased by 1.57%.

Consolidated revenue increased 15.13% to ₹ 4972.00 crore in Q4FY24 against ₹ 4318.60 crore in Q4 FY23. The consolidated quarterly revenue was up by 1.92%.

EBITDA increased 31% to ₹ 640 crore.

FY24 highlights
Consolidated PAT stood at ₹ 935.00 crore in FY 24 against ₹ 844.30 crore in FY 23, an increase of 10.74%.

For FY 2024, consolidated revenue stood at ₹ 19165.50 crore against ₹ 16702.80 crore in FY 23, up by 14.74%.

EBITDA increased 17% on a YOY basis reaching ₹ 2391 crore.

“FY24 has been a special year for us at Apollo as we achieved some remarkable milestones to enhance the quality of our care further. Our steadfast dedication to delivering top-notch healthcare services continues to be a key pillar of our growth. While Apollo leads the paradigm shift in healthcare focused on the prevention of diseases, we are committed to advancing our research efforts and leveraging cutting-edge, new-age technologies like Al and robotics to enhance patient outcomes,” said Dr. Prathap C. Reddy, Chairman, Apollo Hospitals Group.

“Going forward, Apollo Hospitals will continue to strengthen its endeavors to identify and introduce best-in-class, technology-enabled healthcare solutions to enhance patient outcomes and improve access to quality care. Together, we embark on a journey toward a healthier, more resilient future, where every individual receives the highest standard of care. We are dedicated to contributing to the nation’s health agenda through impactful initiatives that address the evolving healthcare needs of our society. We envision a tomorrow where healthcare knows no bounds, and we are steadfast in our commitment to making this vision a reality.” he added.
MB Bureau

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