Fortis Healthcare Q3 net profit up 58.69 pc to Rs 34.5 cr
Fortis Healthcare today reported a 58.69 per cent jump in net profit for the third quarter ended December 31, 2010, to Rs 34.5 crore.business Updated: Feb 08, 2011 11:26 IST
Fortis Healthcare on Tuesday reported a 58.69 per cent jump in net profit for the third quarter ended December 31, 2010, to Rs 34.5 crore.
The company had posted a net profit of Rs 21.74 crore for the October-December quarter last fiscal, Fortis Healthcare said in a filing to the Bombay Stock Exchange.
Total income of the company grew to Rs 371.43 crore in the third quarter of FY'11 from Rs 232.48 crore in the corresponding three-month period a year ago, the filing added.
"The company's financial performance in the last quarter has been outstanding and the robust results bear testimony to the ever-growing equity of the Fortis brand," Fortis Healthcare MD Shivinder M Singh said.
Cheering the third quarter numbers, shares of the company climbed 3.6 per cent to Rs 145 in early trade on the BSE on Tuesday.