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Fortis Malar Hospitals Ltd, a subsidiary of Fortis Healthcare Ltd, recorded a net profit of Rs 5.4 crore for the year ended March 31, 2011 on the topline of Rs 83.2 crore as against that of Rs 3.5 crore on the topline of Rs 64.1 crore in the previous year.
According to a press release from the company, the growth has come from all the streams and mainly driven by cardiac sciences, neuro, renal, gastro, general surgery and diagnostics.
“We have also made significant progress in generating international revenues which was almost nil in the previous year,” says the release quoting Mr Krish Ramesh, Whole Time Director, Fortis Malar Hospitals.
It further says the company continued its investment in renovation of the facility, upgradation of medical and engineering equipment. It has also made “substantial investment” in brand promotion.
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