Fortis Healthcare Q3 Net Profit Dips 22% to Rs 197 Cr Amidst Exceptional Loss

• Fortis Healthcare reported a 22% year-on-year decline in consolidated profit after tax (PAT) to Rs 197 crore for Q3 FY25.
• Revenue for the quarter increased to Rs 2,265 crore, up from Rs 1,928 crore in the same period last fiscal.
• The Q3 PAT includes an exceptional loss of Rs 55.2 crore due to new labor codes, partially offset by impairment reversal.
• Hospitals business saw healthy growth, with renal sciences up 27% and orthopedics up 20%.
• Fortis is strengthening its Bengaluru presence through acquisition, aiming to expand to over 1,500 beds.