Large Cap Hospital Stock Announces 50% YoY Jump In Profit, Rs 9/Share Dividend

Large cap Hospitals & Allied Services sector company, Apollo Hospitals Enterprise Ltd announced its net profit at Rs 146 crore for the fourth quarter ended March, up 50% against Rs 97 crore announced in the corresponding quarter of last year. Board of directors of Apollo Hospitals Enterprise announced a final dividend of Rs 9 per equity share. Apollo Hospitals Enterprise share price is Rs 4603.25 per share on BSE. Check details below:

Apollo Hospitals Enterprise Announces Dividend: According to the BSE filing of the company, "Recommended a final dividend of Rs 9/-per Equity Share (180%) of the face value of Rs 5/- per share to the shareholders of the Company for the FY2022-23. The dividend recommended by the Board of Directors of the Company is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of
the Company."

Apollo Hospitals Enterprise Stock Performance & Return: Last trading price of Apollo Hospitals Enterprise is Rs 4603.25 per share with intraday dip of 0.92%. Apollo Hospitals Enterprise share 52-week high price is Rs 4900.00 per share and 52-week low price is Rs 3528.20 per share, respectively. Th ecopmany has a market capitalisation of Rs 66,187.67 crore. Apollo Hospitals Enterprise share gave return of 18% in last 1-year, 46% return in last 2-years, and 239% in last 3-years.

Apollo Hospitals Enterprise Q4: The company reported its revenue from operations increased 21% to Rs 4,302 crore for the March quarter against Rs 3,546 crore declared in the corresponding quarter of last year. The company announced its EBITDA (earnings before interest, tax, depreciation and amortisation) during the quarter stood at Rs 488 crore, up 5% from Rs 463 crore in Q4FY22. Healthcare services revenues of the company, segment-wise, jumped 18% to Rs 2,227 crore in the quarter under consideration as against Rs 1,879 crore declared in the preceding year quarter.

Apollo Hospitals About: Apollo Hospitals was established in 1983 by Dr. Prathap C Reddy, renowned as the architect of modern healthcare in India. As the nation's first corporate hospital, Apollo Hospitals is acclaimed for pioneering the private healthcare revolution in the country, according to its official website.