Fortis Healthcare Q3: Revenue Up, Profit Under Pressure

reported a mixed Q3 performance on a consolidated YoY basis. Revenue rose 17.5% to Rs 2,265 crore compared to Rs 1,928.3 crore, reflecting steady operational growth. However, profit declined 21.9% to Rs 193.7 crore versus Rs 247.9 crore last year, indicating margin pressure. Other income fell sharply to Rs 8.29 crore from Rs 20.9 crore. Additionally, the company reported an exceptional loss of Rs 45.91 crore against a gain of Rs 23.8 crore in the previous year, further impacting bottom-line performance. On the technical front, the stock rallied for four consecutive sessions last week before closing negative on Friday. The Rs 950 level may act as a key resistance zone in the near term. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.