Apollo Hospitals Q4 net profit at Rs.146 million, recommends 20% dividend

Apollo Hospitals Enterprise Ltd has announced the Audited financial results for the quarter & year ended March 31, 2007. The results for the Quarter ended March 31, 2007 are as follows: The Company has posted a net profit of Rs 146 million for the quarter ended March 31, 2007 as compared to Rs 124 million for the quarter ended March 31, 2006. Total Income has increased from Rs 1951 million for the quarter ended March 31, 2006 to Rs 2368 million for the quarter ended March 31, 2007.

The results for the Year ended March 31, 2007 are as follows: The Company has posted a net profit of Rs 1001 million for the year ended March 31, 2007 as compared to Rs 602 million for the year ended March 31, 2006. Total Income has increased from Rs 7190 million for the year ended March 31, 2006 to Rs 8995 million for the year ended March 31, 2007.

The consolidated results for the Year ended March 31, 2007 are as follows: The profit attributable to the Group of Rs 954 million for the year ended March 31, 2007 as compared to Rs 520 million for the year ended March 31, 2006. Total Income has increased from Rs 7691 million for the year ended March 31, 2006 to Rs 9566 million for the year ended March 31, 2007.

The Board of Directors of the Company at its meeting held on June 26, 2007, inter alia, has recommended a final dividend of Rs 2/- per share (20%) on the equity capital of the Company in addition to an interim dividend of Rs 3/- per share (30%) declared and paid during the year.

The Register of Members & Share Transfer Books of the Company will remain closed from August 11, 2007 to August 24, 2007 (both days inclusive) for the purpose of payment of final dividend & Annual General Meeting (AGM) of the Company to be held on August 24, 2007.

Source : Equity Bulls

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