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This Article is From Nov 14, 2017

Looking At 3,000 Pharmacy Stores Over Next 6-9 Months, Apollo Hospitals Says

Looking At 3,000 Pharmacy Stores Over Next 6-9 Months, Apollo Hospitals Says
The Apollo Hospitals Enterprise Ltd. logo is displayed on an ambulance. (Photographer: Prashanth Vishwanathan/Bloomberg)

Apollo Hospital Enterprise Ltd.'s profit contracted 23 percent but revenue rose 13 percent in the second quarter on the back of growth in healthcare services and standalone pharmacies, its Chief Financial Officer A Krishanan told BloombergQuint.

The company added 119 stores under standalone pharmacies in the first two quarters of the current financial year, which is almost equal to the additions made in the previous financial year, he said.

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