neutral
Fortis Healthcare Q2 Profit Jumps 82 Percent on Rising Demand
Fortis Healthcare posted an 82 percent year-on-year profit surge alongside 17 percent revenue growth, driven by higher occupancy, medical-tourism inflows, and strong multi-specialty procedures. Executives cited efficiency gains and expanding digital health initiatives for improved margins. The company plans further investments in telemedicine and specialty centers to meet rising patient demand. Analysts said the robust quarter underscores the healthcare sector’s post-pandemic normalization and renewed investor confidence in India’s private-hospital growth outlook.
Cnbctv18• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
neutral
Fortis Healthcare Q2 Profit Jumps 82 Percent on Rising Demand
Fortis Healthcare posted an 82 percent year-on-year profit surge alongside 17 percent revenue growth, driven by higher occupancy, medical-tourism inflows, and strong multi-specialty procedures. Executives cited efficiency gains and expanding digital health initiatives for improved margins. The company plans further investments in telemedicine and specialty centers to meet rising patient demand. Analysts said the robust quarter underscores the healthcare sector’s post-pandemic normalization and renewed investor confidence in India’s private-hospital growth outlook.
Cnbctv18• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
1 min read
71 words
Fortis Healthcare’s profit jumped 82 percent with solid revenue growth, reflecting margin gains, higher patient traffic, and digital-health expansion.
Fortis Healthcare posted an 82 percent year-on-year profit surge alongside 17 percent revenue growth, driven by higher occupancy, medical-tourism inflows, and strong multi-specialty procedures. Executives cited efficiency gains and expanding digital health initiatives for improved margins. The company plans further investments in telemedicine and specialty centers to meet rising patient demand. Analysts said the robust quarter underscores the healthcare sector’s post-pandemic normalization and renewed investor confidence in India’s private-hospital growth outlook.
Fortis Healthcare posted an 82 percent year-on-year profit surge alongside 17 percent revenue growth, driven by higher occupancy, medical-tourism inflows, and strong multi-specialty procedures. Executives cited efficiency gains and expanding digital health initiatives for improved margins. The company plans further investments in telemedicine and specialty centers to meet rising patient demand. Analysts said the robust quarter underscores the healthcare sector’s post-pandemic normalization and renewed investor confidence in India’s private-hospital growth outlook.
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Earnings
India
Earnings
India
Healthcare