Apollo Hospitals Enterprises on Tuesday reported a consolidated net profit of Rs 145.6 crore for the quarter ended March 2023, marking growth of more than 50 per cent compared with the corresponding period a year ago. The healthcare group's revenue grew 21.3 per cent on a year-on-year basis to Rs 4,302.2 crore, according to a regulatory filing. 

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The company's top-line as well as bottom-line fell short of analysts' estimates. According to Zee Business research, Apollo Hospitals Enterprise was estimated to report a net profit of Rs 195 crore and revenue of Rs 4,380 crore.

Apollo Hospitals Enterprise shares — traded on the bourses with the symbol APOLLOHOSP — ended 0.9 per cent lower at Rs 4,603.3 apiece on BSE after the earnings announcement. 

Apollo Hospitals dividend 

Apollo Hospitals Enterprise's board recommended a final dividend of Rs 9 per share for the financial year ended March 31 — a payout of 180 per cent given the value of Rs 5 per share. 

The dividend is subject to the approval of shareholders at its ensuing Annual General Meeting (AGM), scheduled to be held on August 23.

Apollo Hospitals shares: Past performance

Apollo Hospitals shares finished the March quarter with a decline of 3.6 per cent, in line with a 4.1 per cent fall in the Nifty benchmark index. 

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