HomeNewsBusinessEarningsWill not raise more debt, not looking at acquisition currently: Apollo Hospitals

Will not raise more debt, not looking at acquisition currently: Apollo Hospitals

In an interview to CNBC-TV18, Suneeta Reddy, MD of Apollo Hospitals Enterprises spoke about the results and her outlook for the company.

May 31, 2017 / 12:04 IST
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Apollo Hospitals Enterprises' Q4 was hit by a VIP admission in their Chennai hospital, which resulted in 70 days of lower occupancy. This quarter also saw some impact of demonetisation.

In an interview to CNBC-TV18, Suneeta Reddy, MD of Apollo Hospitals Enterprises spoke about the results and her outlook for the company.

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Reddy said that Chennai cluster suffered due to VIP admission and a cyclone. Also EBITDA got hit due to demonetisation, she added.

She further said that cardiology segment was hit by the stent ruling.