Apollo Hospitals Q1 PAT seen up 1.5% YoY to Rs. 246.76 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 22) earnings estimates for the Hospitals sector. The brokerage house expects Apollo Hospitals to report net profit at Rs. 246.76 crore up 1.5% year-on-year (up 173.8% quarter-on-quarter).

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.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.3 percent Y-o-Y (up 22.7 percent Q-o-Q) to Rs. 568.40 crore.

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