ALPHA TRIBE

Fortis Healthcare LimitedBoard Meeting, 07-02-2025: Outcome of Board Meeting

07-02-2025 | 05:58 pm

The Board of Directors of Fortis Healthcare Limited has convened a meeting where they approved the un-audited consolidated financial results for the quarter and half-year ended December 31, 2024. Key highlights include a total income of ₹1,949 crore, driven primarily by operations of approximately ₹1,928 crore. The net profit from continuing operations stood at ₹254 crore, reflecting a robust performance compared to previous periods. Additionally, the Board approved the issuance of 1,55,000 redeemable Non-Convertible Debentures (NCDs) totaling ₹1,550 crore on a private placement basis. The meeting concluded with updates on key operational amendments and a review of strategic initiatives.

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