Apollo Hospitals had a strong September quarter, with its consolidated net income growing 63% year-on-year to ₹379 crore, driven by volume growth in its healthcare services and a lessening of losses in HealthCo, its online pharmacy business. HealthCo, its omnichannel pharmacy business, which includes its online platform Apollo 24/7, also saw a robust growth of 17%. In HealthCo, the firm …
Hi, it’s Cam in Boston. Pet food maker Better Choice bought Aimia Pet Healthco in February, a move to create weight-loss medications supplemented by its protein-based products. “People will spend pretty close to anything on their animal,” says Better Choice Chairman Michael Young, a Wegovy user himself. Giving your pet a drug that you’re already taking would “not be a …
Q2 result: Apollo Hospitals Enterprise that reported performance for the quarter ending September, also announced its expansion plans. Apollo Hospitals Enterprise announced a 250-bed new hospital in Pune at an overall cost of ₹675 crores. Meanwhile, Apollo reported a 14% YoY rise in its net profit to ₹233 crore during the September quarter of the current financial year. The new …
