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Fortis Healthcare reports consolidated net loss of Rs 58.12 crore in Q2

13 Nov 2014 Evaluate

Fortis Healthcare has reported results for the second quarter ended September 30, 2014.

The company has reported net loss of Rs 5.09 crore for the quarter as compared to a net profit of Rs 9.51 crore for the same quarter in the previous year. However, total income increased by 40.74% at Rs 213.78 crore for quarter under review as compared to Rs 151.89 crore for the quarter ended September 30, 2013.

On consolidated basis, the company has reported net loss after taxes, minority interest and share of loss of Associates of Rs 58.12 crore for the quarter as compared to a net profit of Rs 32.06 crore for the same quarter in the previous year. Total income has decreased by 21.23% at Rs 1051.49 crore for quarter under review as compared to Rs 1335.04 crore for the quarter ended September 30, 2013.

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