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Fortis Healthcare reports marginal rise in Q1 net profit

16 Aug 2012 Evaluate

Fortis Healthcare has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has reported a rise of 0.52% in its net profit at Rs 13.33 crore for the quarter, as compared to Rs 13.26 crore for the same quarter in the previous year. Total income of the company has increased by 44.65% to Rs 137.42 crore for the quarter under review as compared to Rs. 95.00 crore for the quarter ended June 30, 2011.

On Consolidated basis, the company has reported a net loss of Rs 60.42 crore for the quarter ended June 30, 2012 against net profit of Rs 16.01 crore for the corresponding period last fiscal. However, total income increased by 185.83% at Rs 1445.66 crore during the quarter under review from Rs 505.78 crore in the year-ago period.

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