Q2 Results Live Updates: Cummins India shares fall 14%; PI Industries down 10%

Suneeta Reddy, the Managing Director, Apollo Hosp On CNBC-TV18:

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New Bed Additions Expected To Start Contributing To EBITDA Over The Next Year

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Hospitals EBITDA Margin Contracted 60 bps Due To New Bed Commissioning

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Older Established Beds’ EBITDA Margin Remains At 26%

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Oncology Contributes 21% Of Apollo’s Total Revenue

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Limited Impact Expected From The 30% Trade Margin Cap On Oncology Drugs

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Strong Growth In Oncology, Patients Come To Apollo For The Entire Value Chain

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Average Revenue Per Patient At `1.8 Lakh

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Indraprastha Hospital Continues To Do Well

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Awaiting Court’s Decision On Indraprastha Hospital

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Active Dialogue Taking Place From Hospitals On Possible Caps

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Hold On To Previous Guidance Of 18-20% Growth In Hospitals

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Need To Make Stronger Representation To The Govt And Public On Hospitals

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Rajiv Rajgopal, Joint Managing Director and CEO, JSW Dulux On CNBC-TV18:

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Average Price Increase For The Quarter Was 7%, Exit Was 10%

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Took Another Price Hike In Q3, Cumulative Price Increase At 13%

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Saw Strong Growth In Decorative & Industrial Businesses

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Have Gained 0.3% Market Share In Q3

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An Additional 2% Anti-Dumping Duty Needs To Be Factored In

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Hopeful Of Achieving 12-13% Margin By Year End

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Apollo Hospitals MD Suneeta Reddy speaks to CNBC-TV18 post earnigns. Click…

Original source: https://www.cnbctv18.com/entertainment/

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