Apollo Hospitals Enterprise Ltd.

BSE: 508869 | NSE: APOLLOHOSP
Large Cap | Hospital & Healthcare Services
6904.40
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Apollo Hospitals’ arm to re-launch Nova Speciality as Apollo Spectra

Date: 17-07-2015

Apollo Health and Lifestyle (AHLL), a wholly owned subsidiary of the Apollo Hospitals, is all set to re-launch the recently acquired short-stay surgery hospital chain Nova Specialty Hospitals as Apollo Spectra Hospitals and set a target for revenue growth to Rs 160 crore in FY16.

The projected business growth of this business in the next five years is Rs 500 crore. Apollo Spectra will be around 40% of AHLL revenues, at Rs 160 crore, in FY 2016.

Apollo Hospitals is the leading private sector healthcare provider in Asia and owns and manages a network of speciality hospitals and clinics, a chain of Pharmacy retail outlets across the country, and provides Consultancy Services for commissioning and managing the Speciality Hospitals.