APOLLOHOSP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Apollo Hospitals Enterprise Ltd has filed a correction to its earlier disclosure today. The company is updating figures in Annexure-4 regarding two subsidiaries - ASHPL (Apollo Speciality Hospitals Private Limited) and AFCPL. ASHPL reported a turnover of Rs. 351.53 crores while AFCPL reported Rs. 100.05 crores. More notably, both subsidiaries show negative networth: ASHPL at Rs. (153.84) crores and AFCPL at Rs. (38.33) crores, indicating accumulated losses. This correction supersedes the figures previously disclosed in the relevant filing.
The negative networth figures for both subsidiaries (ASHPL and AFCPL) indicate they have accumulated losses exceeding their share capital, which may raise concerns about their financial health and ability to generate returns.