Apollo Hospitals Q3 Results: Profit Rises 52%, Beats Estimates

Apollo Hospitals Enterprise Ltd.'s consolidated net profit increased 52% in the third quarter of the current financial year, beating analysts' estimates.

The company posted a profit of Rs 372.3 crore in the quarter ended Dec. 31, 2024, according to an exchange filing on Monday. Analysts tracked by Bloomberg had estimated a profit of Rs 347 crore.

• Revenue up 14% to Rs 5,526.9 crore versus Rs 4,850.6 crore (Bloomberg estimate: Rs 5,542 crore).

• Ebitda up 24% to Rs 761.5 crore versus Rs 613.7 crore (Estimate: Rs 771 crore).

• Ebitda margin expands to 13.8% versus 12.7% (Estimate: 13.9%).

• Net profit up 52% to Rs 372.3 crore versus Rs 245.3 crore (Bloomberg estimate: Rs 347 crore).

Healthcare services

The company achieved a revenue of Rs. 2785 crore, up 13% year-over-year; Ebitda of Rs. 670.6 crore a 14% year-over-year increase with a margin of 24.1% and a profit of Rs. 348 crore, representing 21% year-over-year growth. Overall hospital occupancy rose to 68% from 66% last year, driven by increased patient volume

Focus on higher growth in CONGO-T specialties (10% YoY volume growth) aided higher revenue realisation during the three months-ended December.

Apollo Health and Lifestyle Limited Performance

Revenue of the segment stood at Rs 389 crore, a 15% year-over-year increase from Rs 337.7 crore; Ebitda grew 32% to Rs 34.2 crore from Rs 25.9 crore, with margins at 8.8%; and the company reported a net loss of Rs 8 crore, compared to a net loss of Rs 14.3 crore in the year-ago period.

AHLL revenue grew by 15% year-on-year, primarily attributed to maturing network.

Apollo HealthCo

Revenue during the period was Rs 2,352.4 crore, up 15% year-over-year from Rs 2,049.3 crore, while Ebitda reached Rs. 56.6 crore compared to Rs 1.9 crore in the year-ago period, with margins at 2.4% and profit at Rs. 32.1 crore, compared to a loss of Rs. 27.6 crore in the same period last year.

The company has also declared an interim dividend of Rs 9 per share.

Shares of Apollo Hospitals closed 0.04% higher at Rs 6,792.95 apiece on the NSE, compared to a 0.76% decline in the Nifty.