Apollo Hospitals Enterprise shares surge over 6% after Q1 net profit rises 42%
ADVERTISEMENT The healthcare giant reported a consolidated net profit of Rs 433 crore for Q1FY26, marking a significant 42% increase compared to Rs 305 crore in the same period last year. Sequentially, profit after tax (PAT) rose 11% from Rs 390 crore recorded in Q4FY25.
Revenue from operations grew 15% year-on-year to Rs 5,842 crore in Q1FY26, up from Rs 5,086 crore in Q1FY25. On a sequential basis, the topline improved 4.5% compared to Rs 5,592 crore in Q4FY25.
Healthcare services revenue came in at Rs 2,974 crore in Q1FY26, rising from Rs 2,843 crore in the previous quarter (Q4FY25) and Rs 2,654 crore in the same quarter last year (Q1FY25).Retail health & diagnostics revenue reached Rs 435 crore in Q1FY26, up from Rs 394 crore in Q4FY25 and Rs 366 crore in Q1FY25.
ADVERTISEMENT Digital health & pharmacy distribution revenue stood at Rs 2,472 crore in Q1FY26, compared to Rs 2,376 crore in the previous quarter and Rs 2,082 crore in the year-ago period. Unlock 500+ Stock Recos on App The positive earnings and steady revenue growth across all business segments have boosted investor confidence, driving the stock price upward.
ADVERTISEMENT The 14-day Relative Strength Index (RSI) for Apollo Hospitals Enterprise is currently at 47.5. Typically, an RSI below 30 indicates that a stock is oversold and may be undervalued, while an RSI above 70 suggests it is overbought and could be due for a correction. At 47.5, the stock is in a neutral zone, showing neither strong buying nor selling pressure.From a moving averages perspective, Apollo Hospitals Enterprise is exhibiting a bullish trend as it is trading above all 8 key Simple Moving Averages (SMAs) — ranging from the short-term 5-day SMA to the long-term 200-day SMA. This consistent position above multiple SMAs suggests strong upward momentum and positive investor sentiment.
ADVERTISEMENT
(You can now subscribe to our ETMarkets WhatsApp channel)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Indian Express
28 minutes ago
- New Indian Express
GCC says acceding to workers' salary demand would cost Rs 164 crore a year
CHENNAI: Besides regularisation of employment, the other key demand of conservancy workers protesting against Greater Chennai Corporation's move to privatise solid waste management in two zones has been to ensure that their present salary of nearly Rs 23,000 per month is not reduced. However, meeting such a demand could cost GCC roughly Rs 164 crore per year, a senior official said. The official said that if this demand of the workers in the two zones - Royapuram and Thiru-Vi-Ka Nagar - are met, it would be inevitable to avoid such demands emerging from all the remaining 13 zones. 'Meeting the revision citywide would burden the corporation by Rs 164 crore a year,' the official said. As per June 2024 data, there were 3,996 sanitation staff in the two zones zones — 2,043 permanent and 1,953 temporary. They were receiving Rs 753/day from GCC (`22,590/month). In contrast, with CESPL (Ramky Group), which has bagged the contract for these two zones, these workers would get only Rs 652.6 per day (Rs 19,578), which is inclusive of deductions for PF and ESIC, as per corporation sources. Their present salary from GCC does not include PF or ESIC deductions.
Hans India
28 minutes ago
- Hans India
Lokesh keen to restore past glory to handlooms: Brahmani
Guntur: Nara Brahmani, wife of Minister for Education and IT, Nara Lokesh, toured Mangalagiri constituency on Wednesday. On the occasion, she inspected several development works taken up in the constituency. She first visited Golivari Street in Mangalagiri town, where she, along with Darsi constituency TDP in-charge Gottipati Lakshmi, formally inaugurated the newly established Lakshmi Sarees & Dress Materials showroom set up under the leadership of Damerla Venu. She participated in the puja ceremony. Speaking on the occasion, she said that Lokesh is determined to restore the past glory of the handloom sector. Several development and welfare programmes have been undertaken in Mangalagiri such as underground drainage, the Gold Hub, the development of Sri Lakshmi Narasimha Swamy Temple, and parks. She visited the free tailoring training centre being run with the support of the BC Finance Corporation and EWS at Kaza. She interacted with the women undergoing training, enquired about the teaching methods, and appreciated the garments they stitched on the machines. Later, she visited Sri Lakshmi Narasimha Swamy Park, developed by Minister Lokesh at a cost of Rs 1.06 crore on 0.35 acres in SLN Colony, Mangalagiri. She inspected the RO mineral water plant set up with the support of Divis Laboratories near the lower sanctum of Sri Lakshmi Narasimha Swamy Temple in Mangalagiri.
Time of India
28 minutes ago
- Time of India
GIFT Nifty flat; here's the trading setup for today's session
Overall, analysts expect the market to remain range bound and domestic-facing themes likely to be in favour amidst caution over US tariffs and the outcome of the US-Russia peace talks scheduled for Friday. Indian equities saw gains as retail inflation hit an 8-year low, boosting domestic sentiment despite global geopolitical tensions. Analysts anticipate range-bound market activity, favoring domestic themes amid US tariff concerns and the upcoming US-Russia talks. US stocks rose, fueled by expectations of lower interest rates, while Asian stocks showed mixed performance. Tired of too many ads? Remove Ads STATE OF THE MARKETS Tech View: A decisive move above this level could trigger a rally towards 25,200 in the short term. On the lower side, support is placed at 24,337, below which the dynamics would once again turn in favor of the bears. India VIX: India VIX, which is a measure of the fear in the markets, fell 0.8% to settle at 12.14 levels. US stocks rise Asian stocks edge higher Tired of too many ads? Remove Ads Hang Seng futures rose 0.4% Japan's Topix fell 1.1% Australia's S&P/ASX 200 rose 0.6% Euro Stoxx 50 futures were little change Oil price rise Stocks in F&O ban today FII/DII action Rupee FII data Equities ended higher as India's retail inflation declined to an 8-year low in July, which improved domestic sentiments, even as the global geopolitical environment remains abuzz with action. Overall, analysts expect the market to remain range bound and domestic-facing themes likely to be in favour amidst caution over US tariffs and the outcome of the US-Russia peace talks scheduled for Friday. GIFT Nifty on the NSE IX traded higher by 3 points, or 0.01 per cent, at 24,692, signaling that Dalal Street was headed for a muted start on TuesdayU.S. stocks edged higher on Wednesday, extending a global rally fueled by expectations of lower interest rates. The S&P 500 gained 0.3% to notch another record high, the Dow Jones surged 463 points (1%), and the Nasdaq inched up 0.1% to a fresh stocks traded in a narrow range at Thursday's open, easing after three days of gains driven by bets on a Federal Reserve rate cut next prices edged higher on Thursday, regaining ground after a sell-off in the previous session, with the upcoming meeting between U.S. President Donald Trump and his Russian counterpart Vladimir Putin raising risk premiums in the crude futures were up 28 cents, or 0.43%, at $65.91 a barrel at 0057 GMT, while U.S. West Texas Intermediate crude futures rose 23 cents, or 0.37%, to $ HousingRBL BankPGELTitagarhSecurities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position portfolio investors net sold shares worth Rs 3,644 crore on Wednesday. DIIs, meanwhile, were net buyers at Rs 5,624 rupee appreciated 20 paise to close at 87.43 against the US dollar on Wednesday, as a weak greenback and a positive momentum in domestic equity markets enthused position of FIIs in the futures market reduced from a net short of Rs 1.85 lakh crore on Tuesday to Rs 1.82 lakh crore on Wednesday.
