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Apollo Hospitals net profit rises 27.30%

Apollo Hospitals net profit rises 27.30%

Indian healthcare major, Apollo Hospitals Enterprise has said that its net profit has risen 27.30 per cent to Rs. 75.52 crore during the fourth quarter of the financial year till March, 2013.

The company recorded the impressive growth due to strong performance for in the healthcare services and pharmacy segments of the company. The company had recorded a net profit of Rs. 59.32 crore for during the same quarter of the previous financial year, the company said in a statement.

Golf futures trading at Rs. 25,427

Golf futures trading at Rs. 25,427

According to the latest figures available, the gold futures for May were trading 1.6 per cent or Rs. 408 lower at Rs. 25,427 per 10 gram this noon at the Multi Commodity Exchange.

Gold futures for May have fallen for the seventh straight session in the Indian market. Gold prices have faced the pressure in the market due to heavy selling in the global markets. The confidence in the gold investment is falling as investors find other avenues for investment and this indicates that the price of gold might fall further in the year.

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