In the third quarter of the current financial year, Apollo Hospitals Enterprise Limited showed strong financial success, as evidenced by a 52% increase in consolidated net profit. The business's ability to outperform analysts' estimates demonstrates its effective operations and dominant market position.
Nevertheless, the stock price declined despite these encouraging results, leading investors to book profits. This article presents details of Apollo Hospitals' Q3 results, the variables influencing the stock price movement, and the strategic objectives supporting the company's expansion and prospects.
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Apollo Hospitals Q3 FY25 Financial Highlights
Apollo Hospitals Enterprise's financial results for the quarter ended December 31, 2024, were released. The company's consolidated revenue for the third quarter of FY25 grew 14% year-on-year to ₹5,527 crore as compared to the same quarter last year.
Consolidated EBITDA grew 24% year-on-year to ₹762 crore, reflecting strong operational effectiveness. The quarter's profit after tax, or PAT, grew 52% year-on-year to ₹372 crore. With YTD PAT at ₹1,056 crore, a 64% YoY increase from ₹645 crore in YTD FY24, total sales for the nine months ended December 2024 grew 15% YoY to ₹16,202 crore.
Major figures from the Q3 FY25 results:
- Revenue: Up 14% to ₹5,526.9 crore
- EBITDA: Up 24% to ₹761.5 crore
- EBITDA Margin: Expanded to 13.8%
- Net Profit: Up 52% to ₹372.3 crore
Market Reaction and Share Price Movement
Apollo Hospitals share price declined despite the company's stellar financial performance. On February 11, 2025, the stock opened at ₹ 6,799.90, higher than its previous close of ₹ 6,761.25. On the NSE, it later closed 3.40% lower at ₹ 6,531.40. This market reaction raises the possibility that investors were booking profits after the company's Q3 data was released.
Analysts' Views and Recommendations
Apollo Hospitals Enterprise has a "Buy" rating from Motilal Oswal with a target price of Rs 8020. These encouraging recommendations reflect the confidence in Apollo Hospitals' strategic plans and expansion prospects.
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