Fortis Healthcare on Tuesday reported a 58.69 per cent jump in net profit for the third quarter ended December 31, 2010, to Rs 34.5 crore.
The company had posted a net profit of Rs 21.74 crore for the October-December quarter last fiscal, Fortis Healthcare said in a filing to the Bombay Stock Exchange.
Total income of the company grew to Rs 371.43 crore in the third quarter of FY’11 from Rs 232.48 crore in the corresponding three-month period a year ago, the filing added.
“The company’s financial performance in the last quarter has been outstanding and the robust results bear testimony to the ever-growing equity of the Fortis brand,” Fortis Healthcare Managing Director, Mr Shivinder M Singh, said.
Cheering the third quarter numbers, shares of the company climbed 3.6 per cent to Rs 145 in early trade on the BSE today.
More Like This
Published on February 8, 2011
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.