Apollo Hospitals, one of India’s pioneers in the organized healthcare segment, reported 2.82% lower sales revenues at Rs2,760.72cr in the Sep-20 quarter. The overall revenues are broadly split into the healthcare business and the pharmacy business for Apollo Hospitals. Since the fixed costs are relatively high, the breakeven point in terms of sales is quite important in their case. That was the reason for the huge loss in the Jun-20 quarter.
Net profits were down by 29.02% on a yoy basis to Rs58.99cr. As a result, the PAT margins in the Sep-20 quarter stood higher at 2.14% compared to the Sep-19 PAT margin of 2.93%. The hospitals sector in India has traditionally been a low net margin business.
Financial highlights for Sep-20 compared yoy and sequentially
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|
Apollo Hospitals |
|
|
|
|
Rs in Crore |
Sep-20 |
Sep-19 |
YOY |
Jun-20 |
QOQ |
|
Revenues |
2,760.72 |
2,840.74 |
-2.82% |
2,171.50 |
27.13% |
|
Profit After Tax (PAT) |
58.99 |
83.11 |
-29.02% |
-227.82 |
Not Relevant |
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|
|
|
|
|
|
|
Diluted EPS (Rs) |
₹ 4.33 |
₹ 6.20 |
|
₹ -14.96 |
|
|
PAT Margins |
2.14% |
2.93% |
|
-10.49% |
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