Apollo Hospitals shares gain over 2% after Q4 profit jumps 53% YoY to Rs 390 crore

Apollo Hospitals reported a 53.5% YoY rise in Q4 net profit to Rs 390 crore, beating estimates. Revenue grew 13% to Rs 5,592 crore, driven by healthcare services, diagnostics, and digital health. The company plans a 700-bed expansion in Bengaluru. Analysts have a ‘Buy’ rating with a target price of Rs 7,779, indicating 13% upside.