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Fortis Healthcare reports 15% drop in Q3 consolidated net

10 Feb 2012 Evaluate

Fortis Healthcare (India) has reported results for third quarter ended December 31, 2011.

The company has posted a fall of 39.32% in its net profit to Rs 25.93 crore for the quarter ended December 31, 2011 as compared to Rs 42.73 crore for the same quarter in the previous year. However, total income has increased by 10.25% to Rs 122.11 crore for quarter under review as compared to Rs 110.76 crore for the quarter ended December 31, 2010.

On the consolidated basis, the company has posted a drop of 15.19% in its net profit attributable to the shareholders at Rs 29.26 crore for the quarter ended December 31, 2011 as compared to Rs 34.50 crore for the same quarter in the previous year. However, total income has increased by 60.98% at Rs 657.39 crore for the quarter under review as compared to Rs 408.36 crore year ago.

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