In this edition of CNBC-TV18‘s The Forbes India Show, Dr Prathap C Reddy, executive chairman, Apollo Hospitals Enterprises, considered to be one of the pioneers of the modern corporate healthcare movement in India, explains the stark realities and the optimistic expectations of the future of the healthcare sector in India.
                                                                                            In an interview to CNBC-TV18, Prathap C Reddy, executive chairman, Apollo Hospitals gave the details of the deal with IBA and why the company is keen on setting up better facilities in India. Reddy also mentions that the deal will not affect the business economic of Apollo Hospitals but rather add value.
                                                                                            Akhileshwaran Krishnan, CFO of Apollo Hospital, says currently there are no immediate plans to bring a partner into the business or explore the FDI option.
                                                                                            Integrated (Mauritius) Healthcare Holdings, an arm of Malaysian sovereign fund Khazanah Nasional Bhd has converted GDRs worth Rs 213 crore into equity shares in Apollo Hospitals.
                                                                                            K Padmanabhan, group president of Apollo Hospital joins CNBC-TV18 to talk about latest happenings in his company and - FDI in retail.
                                                                                            Apollo's standalone pharmacy contributes to almost 30% of total revenues and the balance is healthcare services. Joint managing director Sunita Reddy indicated that the central, southern and eastern regions have been growing very fast. However, Apollo expects to create enough momentum and facilities by 2013 that will help the North to grow faster.
                                                                                            Healthcare chain Apollo Hospitals is all set to pump in Rs 900 crore into the business via QIP. Speaking exclusively to CNBC-TV18, CFO AK Krishnan says that the QIP mix though yet to be decided, will be to materialise expansion of approximately 2,400 beds across various locations including Bombay.
                                                                                            Apollo Hospital has announced its fourth quarter results. In an interview with CNBC-TV18, Sunita Reddy, ED-Finance at Apollo Hospital says, the growth was very healthy. She is confident that the company will be able to maintain this growth rate.
                                                                                            Apollo Hospital has reported a net profit of Rs 45.8 crore for the quarter ended December 2010 as against Rs 43.9 crore in same quarter, the previous year. The net sales jumped to Rs 600.9 crore from Rs 480.9 crore (YoY).