2024-11-07 11:11:04 :
Apollo Hospitals Enterprise Second Quarter Results Live: Apollo Hospitals Enterprise reported second quarter results on November 6, 2024, showing significant improvement in its financial performance. The company’s revenue increased by 15.32% year-on-year, and its profit increased significantly by 62.64% compared with the same period last year.
Compared with the previous quarter, Apollo’s revenue increased by 9.9% and profit increased by 24.12%, showing strong quarter-on-quarter growth. Operating income also achieved healthy growth, with a month-on-month increase of 26.78% and a year-on-year increase of 35.41%, reflecting effective cost management and operational efficiency.
The company’s earnings per share (EPS) reached $It was 26.34 in the second quarter, a year-over-year increase of 63.47%, which is a strong indicator of its profitability and operational success. Despite being down slightly -0.21% last week, Apollo Hospitals has delivered an impressive return of 19.18% over the past six months, with a year-to-date (YTD) return of 22.16%.
As of now, the market capitalization of Apollo Hospitals Enterprises is $100,190.6 Crore, a new 52-week high $7,316.95 The lowest price is $5,087.45. This strong performance has earned positive analyst attention, with 13 of the 24 analysts covering the company recommending a “Buy” and 6 recommending a “Strong Buy” as of November 7, 2024 Buy”.
Consensus recommendations remain positive, indicating a strong outlook for Apollo Hospitals Enterprises as it continues to thrive in the highly competitive healthcare industry.
Apollo Hospitals Corporate Finance
| period | Q2 | Q1 | month-on-month growth | Q2 | year-on-year growth |
|---|---|---|---|---|---|
| total revenue | 5589.3 | 5085.6 | +9.9% | 4846.9 | +15.32% |
| Total Selling/General/Administrative Expenses | 700.1 | 658.1 | +6.38% | 644.1 | +8.69% |
| Depreciation/Amortization | 184.5 | 177.4 | +4% | 163.4 | +12.91% |
| total operating expenses | 4958.3 | 4587.9 | +8.07% | 4380.9 | +13.18% |
| operating income | Chapter 631 | 497.7 | +26.78% | Chapter 466 | +35.41% |
| net income before tax | 551.7 | 418.5 | +31.83% | Chapter 379 | +45.57% |
| net income | 378.8 | 305.2 | +24.12% | 232.9 | +62.64% |
| Diluted normalized earnings per share | 26.34 | 21.23 | +24.07% | 16.11 | +63.47% |
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