Apollo Hospitals shares up 4% after Q3 net profit jumps 35%. Should you buy, sell or hold?
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Shares of Apollo Hospitals on Wednesday jumped over 4% to Rs 7,549 on BSE after the leading hospital chain reported a strong set of numbers for the third quarter, with consolidated net profit rising 35% YoY to Rs 502 crore. Revenue for Q3FY26 came in at Rs 6,477 crore, registering growth of 17% from Rs 5,527 crore in the year ago quarter. EBITDA increased to Rs 965 crore from Rs 762 crore in Q3FY25, after accounting for Apollo 24/7 costs of Rs 124 crore during the quarter. The healthcare services business reported revenue of Rs 3,183 crore, up 14% YoY from Rs 2,785 crore, while EBITDA rose 18% to Rs 790 crore. Margins improved to 24.8%, and profit after tax from the segment increased 21% to Rs 422 crore, supported by higher occupancy levels, better case mix and cost efficiencies. Apollo Health and Lifestyle posted revenue growth of 20% YoY to Rs 467 crore, with EBITDA rising 39% to Rs 48 crore and margins expanding to 10.2%. The segment r...