Fortis Healthcare slips into red at Rs 14 c

Fortis Healthcare, a leading healthcare provider in India, posted a consolidated net loss of Rs 14.31 crore in the first quarter of the current financial year as compared to a net profit of Rs 7.55 crore in the corresponding quarter of the previous year.

Total income from operations, however, surged to Rs 334.25 crore in the Q1, 2011 from Rs 182.77 crore from the same period previous year.

On the standalone basis, the company posted a net profit of Rs 27.63 crore in the first quarter of the current financial year as against a net loss of Rs 1.56 crore in the same period last year.

Total income from operation, however, jumped to Rs 59.33 crore from Rs 48.59 crore in the period under consideration.

Advertisements
Post a comment or leave a trackback: Trackback URL.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: