{"id":157394,"date":"2023-12-18T06:42:50","date_gmt":"2023-12-18T11:42:50","guid":{"rendered":"https:\/\/44.250.171.167\/?p=157394"},"modified":"2023-12-18T06:42:52","modified_gmt":"2023-12-18T11:42:52","slug":"fortis-healthcare-ltd-q2fy24-16-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/fortis-healthcare-ltd-q2fy24-16-fall-in-profits\/","title":{"rendered":"Fortis Healthcare Ltd Q2FY24; 16% fall in Profits"},"content":{"rendered":"\n<p>FHL was incorporated in February 1996. The company\u2019s first healthcare facility became operational in Mohali, Punjab in 2001. It is a leading integrated healthcare service provider in India. The healthcare verticals of the company primarily comprise hospitals, diagnostics and day care specialty facilities. Currently, the company operates its healthcare delivery services in India, Nepal, Dubai and Sri Lanka with 36 healthcare facilities with approximately 4,000 operational beds.<\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>Fortis Healthcare Ltd reported Revenues for Q2FY24 of \u20b91,770.00 Crores up from \u20b91,607.00 Crore year on year, a rise of 10.14%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b91,556.00 Crores up from \u20b91,414.00 Crores year on year, a rise of 10.04%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b9184.00 Crores down 15.6% from \u20b9218.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b92.30, down 15.13% from \u20b92.71 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-125-839x1024.png\" alt=\"\" class=\"wp-image-157401\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-125-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-125-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-125-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-125-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-125.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/dashboard\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/ASAI-Product-2-3.gif\" alt=\"\" class=\"wp-image-157333\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>FHL was incorporated in February 1996. The company\u2019s first healthcare facility became operational in Mohali, Punjab in 2001. It is a leading integrated healthcare service provider in India. The healthcare verticals of the company primarily comprise hospitals, diagnostics and day care specialty facilities. Currently, the company operates its healthcare delivery services in India, Nepal, Dubai [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":157401,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[8550],"class_list":["post-157394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-hospitality"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-125.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":166130,"url":"https:\/\/alphastreet.com\/india\/fortis-healthcare-ltd-q2fy25-5-rise-in-profits\/","url_meta":{"origin":157394,"position":0},"title":"Fortis Healthcare Ltd Q2FY25; 5% rise in Profits","author":"Divyansh_Kasana","date":"December 19, 2024","format":false,"excerpt":"FHL was incorporated in February 1996. 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The company\u2019s first healthcare facility became operational in Mohali, Punjab in 2001. It is a leading integrated healthcare service provider in India. The healthcare verticals of the company primarily comprise hospitals, diagnostics and day care specialty facilities. 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