Fortis Q4 net up 8.09% to Rs 29.39 Crore for the Fourth quarter End

Fortis Healthcare (India) at the moment reported a 8.09% increase in intensity in consolidated get profit to Rs 29.39 crore in place of the fourth quarter ended protest 31, 2011 riding on robust sales from its extended net of hospitals.

Clothed in the corresponding episode prior fiscal the company's consolidated get profit was Rs 27.19 crore,it thought.

Total takings of the company in place of the quarter ended protest 31, 2011 stood by the side of Rs 415.62 crore as contrary to Rs 329.52 crore in the same episode prior fiscal.

"At Fortis, we maintain once upon a time again had a goal time with large net spreading out, a breathtaking increase in intensity in clinical competencies and seamless integration of erstwhile Wockhardt hospitals..," Fortis Healthcare (India) MD Shivinder Mohan Singh thought.

 During the ancient time, the company had added eight hospitals in the net, together with three generously proportioned greenfield facilities in the metro cities, he added.

 At give to the healthcare procession has a calculate of 56 hospitals across India with a scope of on 8,000 beds.

"We maintain been demanding to extent barred to stage II, stage III and stage IV cities and with the aim of will pick up again," Singh thought.

 During the quarter under periodical, international long-suffering revenue grew by 61% to Rs 31.7 crore compared to the corresponding quarter in the prior fiscal, shimmering a contribution of 6.6% to the calculate net revenues, the company thought.

For the economic time ended protest 31, 2011 the company posted consolidated get profit of Rs 124.36 crore on Rs 69.48 crore in place of the prior fiscal.

Total takings of the company stood by the side of Rs 1,482.82 crore in place of the economic time ended protest 31, 2011, as contrary to Rs 937.94 crore in place of the time ended protest 31, 2010.

"All the hospitals reported robust revenue growth. The performance by the side of Fortis Escorts Jaipur, Fortis Malar Hospital Chennai, Fortis Hospital Noida, Fortis Hospital Mohali, Fortis Hospital Kalyan and Fortis Mulund Mumbai was exceptionally strong," the company thought.