Apollo Hospitals Enterprise, a Rs.2,800 crore healthcare entity, has announced satisfactory performance during the first quarter ended June 2012. Its net profit increased by 36 per cent to Rs.69.74 crore from Rs.51.27 crore in the corresponding period of last year. The company's income improved by 21.3 per cent to Rs.777.39 crore from Rs.641.01 crore. EBDITA worked out to Rs.134.46 crore from Rs.110.51 crore, a growth of 21.7 per cent.

Apollo's income from healthcare services increased by 17.4 per cent to Rs.529.90 crore from Rs.451.42 crore in the same quarter of last year. year. Similarly, income from pharmacy went up by 30.5 per cent to Rs.247.66 crore from Rs.189.76 crore. Its employees cost increased by 30.7 per cent to Rs.125.74 crore from Rs.96.21 crore. The company successfully reduced its interest burden to Rs.13.67 crore from Rs.14.67 crore.

The company has allotted 13,81,619 equity share of face value of Rs.5 each to International Finance Corporation, Washington at a price of Rs.302.50 per share (including a premium of Rs.297.50 per share) upon conversion of balance FCCB loan amount of US$ 7.5 million. Consequent to the allotment, the paid up equity capital increased to Rs.67.92 crore.