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Apollo Hospitals' efforts to ramp-up occupancy levels and average revenue per occupied bed is expected to drive solid earnings growth in Q3, which usually remains a seasonally weak quarter for hospital majors.
Improved performance from Apollo Hospitals' online business, Apollo HealthCo, and strong seasonality for its flagship hospital business is expected to drive earnings growth in Q4.
While losses in the company's Apollo HealthCo arm are likely to moderate sequentially, they will still remain elevated on the year-on-year basis.
Net Sales are expected to increase by 3.7 percent Y-o-Y (up 9.9 percent Q-o-Q) to Rs. 3,898 crore, according to ICICI Direct.
Net Sales are expected to decrease by 0.3 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs 3,747.7 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 26 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 3,613 crore, according to ICICI Direct.
Net Sales are expected to increase by 31.1 percent Y-o-Y (down 2.7 percent Q-o-Q) to Rs. 3,616.8 crore, according to ICICI Direct.
Net Sales are expected to increase by 27.7 percent Y-o-Y (down 3.3 percent Q-o-Q) to Rs 2,772.3 crore, according to ICICI Direct.
Net Sales are expected to increase by 16.1 percent Y-o-Y (up 8.4 percent Q-o-Q) to Rs. 2,787.1 crore, according to Kotak.
Net Sales are expected to increase by 17.7 percent Y-o-Y (up 2.9 percent Q-o-Q) to Rs. 2,594.8 crore, according to Kotak.
Net Sales are expected to increase by 17.3 percent Y-o-Y (down 0.6 percent Q-o-Q) to Rs. 2,475.3 crore, according to Kotak.
Net Sales are expected to increase by 13.2 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 2,145.8 crore, according to ICICI Direct.
Net Sales are expected to increase by 13 percent Y-o-Y (up 9.5 percent Q-o-Q) to Rs. 2,092.4 crore, according to ICICI Direct.
Net Sales are expected to increase by 14 percent Y-o-Y to Rs. 1894.3 crore, according to Edelweiss.
Apollo Hopsitals' Q3 earnings were in line with street estimates but profit was impacted due to higher depreciation and finance costs on account of new hospitals like Navi Mumbai coming on stream. In an interview with CNBC-TV18, Akhileshwaran Krishnan, CFO of Apollo Hospital spoke about the results and his outlook for the company.
Apollo Hospitals reported an over 20 percent dip in the bottomline this quarter. In an interview with CNBC-TV18, Suneeta Reddy, MD of the company discussed the earnings fine print.
Net Sales are expected to increase by 14 percent Y-o-Y (up 10.4 percent Q-o-Q) to Rs. 2101.9 crore, according to Kotak.
In an interview to CNBC-TV18, Suneeta Reddy, MD of Apollo Hospitals Enterprises discussed the company's Q1 performance.
In an interview to CNBC-TV18, Suneeta Reddy, MD of Apollo Hospitals Enterprises spoke about the results and her outlook for the company.
Apollo Hospitals Chief Financial Officer Krishnan Akhileswaran said the pharmacy business got a boost from demonetisation because people were allowed to use their old notes (Rs 500, Rs 1000).
The company has incubated many businesses and its Chennai cluster saw 2 percent growth this quarter, says Suneeta Reddy, MD , Apollo Hospital.
Net Sales are expected to increase by 1.5 percent Q-o-Q (up 12 percent Y-o-Y) to Rs 1416.8 crore, according to Edelweiss
Apollo‘s pharmacy business saw a slight rise in margins to 3.6 percent and its private label grew 6.7 percent with higher margins.
Krishnan Akhileswaran, CFO of Apollo Hospitals, says Rs 85 crore worth revenue came from new hospitals and the company saw an 8 percent volume growth in the third quarter.
Operating profit (earnings before interest, tax, depreciation and amortisation) in Q3 is seen rising 14 percent to Rs 180 crore but margin may contract 150 basis points to 14.4 percent compared to year-ago period.