Chennai-based hospital chain Apollo Hospitals Enterprises is likely to report a 7 percent growth in profit at Rs 92.87 crore for second quarter of current financial year 2014-15 compared to Rs 87 crore in the year-ago period, according to the average of estimates of analysts polled by CNBC-TV18.
Revenue is seen going up by 16.3 percent to Rs 1,134 crore in the quarter ended September 2014 from Rs 975 crore in same quarter last year.
Operating profit may climb 8.4 percent year-on-year to Rs 173.5 crore from Rs 160.1 crore but margin may decline 110 basis points to 15.3 percent from 16.4 percent during the same period.
What to watch out for
Hospital margin that fell 210 basis points year-on-year to 16.3 percent in Q1FY15
Pharmacy revenue is expected to be steady. In Q1, that grew by 27 percent Y-o-Y to Rs 386.2 crore.
Depreciation; in Q1 that was higher by 30 percent Y-o-Y to Rs 39.9 crore
During the quarter, the company acquired pharmacy business of Hetero Medical Solutions for upto Rs 146 crore.
Commentary on any stake sale plan in pharmacy
Capex in hospital space. After Q1 earnings, the company said it added 1000 beds by end of June 2014 and occupancies will increase.
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