Apollo Hospitals Q2 Profit Rises 32%
Apollo Hospitals reported that its second-quarter revenue rose 23%, and profit rose 32%. Hospital business revenue grew 23% as occupancy improved to 73%. International patient revenue rose 37%, and the company plans to add nearly 5,800 beds over five years.
Context
Context: Apollo is one of India's largest private hospital chains, and its international patient business matters because overseas patients pay more for treatment. Quarterly results like these help investors judge whether private healthcare demand is growing.
Burning Potato score: 53%