Wed, Aug 07, 2024
Fortis Healthcare reports a 40% increase in consolidated profit after tax to Rs 174 crore for Q1 FY24, driven by strong hospital business performance. Revenue rose to Rs 1,859 crore. The company plans to add nearly 700 beds this fiscal year and is exploring growth opportunities despite a lower performance in its diagnostics business.
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Thu, Apr 25, 2024
Dr Samir Parikh, Consultant Psychiatrist and Chairperson, Fortis National Mental Health Program, Fortis Healthcare said that India's mental health burden is estimated at USD 2-3 billion with about 1 in every 8 people estimated to be suffering from a mental health disorder in some form.
Tue, Dec 08, 2020
Raghuvanshi said that 25% of the revenue from Diagnostics is from Covid related business. Non-Covid business (normal tests) has returned 100% back to normalcy (pre-Covid levels). Control in Covid cases will impact the profit rate of Diagnostic business negatively which will be offset by non-Covid business, so overall, the revenue will remain unaffected.
Fri, Sep 30, 2016
Fortis Healthcare being the holding company will be giving its corporate guarantee on behalf of Fortis Hospital securing the payment principle and interest thereon.
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