Apollo Hospitals Q1 net up 28.57%

The private sector healthcare provider posts a net profit of Rs 18 crore for the quarter ended June 30.

Leading private sector healthcare provider Apollo Hospitals Enterprise Ltd on Monday posted a 28.57 per cent increase in net profit at Rs 18 crore for the quarter ended June 30, as compared to Rs 14 crore for the corresponding quarter in 2005.

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Total income increased to Rs 205.2 crore for the first quarter in 2006, up 30.36 per cent from Rs 157.4 crore in the year-ago period, the company informed the Bombay Stock Exchange.

The shares of the company closed up 1.95 per cent on the BSE today at Rs 449.55.