Fortis Healthcare net zooms to Rs 7.6 cr in Q1

Fortis Healthcare, leading chain of private hospitals with a network of 28 hospitals with 3300-bed capacity, has posted impressive performance during the first quarter ended June 2009 with net profit growth jumps over 700 per cent to Rs 7.55 crore from Rs 0.94 crore in the corresponding period of last year. EBDIT touched to Rs 31.17 crore as against Rs 23.16 crore. With excellent growth in profits its earning per share went up to Rs 0.33 from Rs 0.04 in the last year. The company's equity capital stood at Rs 226.67 crore 

Its income moved up by 33.6 per cent to Rs 182.77 crore from Rs 136.79 crore. The company assumed the charge of operations and management of S L Raheja Hospital, Mumbai thereby adding 280 beds to the network. All the hospitals in the network performed well with Escorts heart Institute and Research Centre, Delhi and Fortis Escorts Jaipur recording a revenue growth of more than 50 per cent.