Apollo Hospitals surges in Q3FY24 with stellar performance and innovative health initiatives

Apollo Hospitals surges in Q3FY24 with stellar performance and innovative health initiatives

Apollo Hospitals has once again demonstrated exceptional performance in the third quarter of the fiscal year 2024, marking a period of significant advancements in healthcare services and financial growth. The consolidated revenue saw a 14% year-over-year increase, reaching Rs 4,851 crore, with EBITDA growing by 21% and PAT soaring by an impressive 60%. This financial […]

Apollo Hospitals to acquire 60% stake in AyurVAID Hospitals for Rs 26.3cr

Apollo Hospitals to acquire 60% stake in AyurVAID Hospitals for Rs 26.3cr

Apollo Hospitals Enterprise has agreed to acquire a stake of 60% in Ayurveda hospital chain Kerala First Health Services (AyurVAID Hospitals) for INR 26.37 crores through a mix of primary and secondary capital infusion. Founded in 2005, AyurVAID Hospitals currently has eight in-patient hospitals in India, located across Bangalore, Kochi, Almora, and Gurugram. Treatment stages […]