Apollo Hospitals has announced robust quarterly results. Revenue surged by 17% to ₹6,477 crores, with net profit climbing 35% to ₹502 crores. The hospital segment saw a 14% revenue increase. Expansion plans are on track, with new beds opening soon. The pharmacy network is the largest in India. Profitability across segments is strong.
Promoter entities sell Rs 153 crore worth shares in Motilal Oswal block deal; HDFC Life picks up stake
Two promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with HDFC Life acquiring the entire