Getting the necessary approvals to set up a state-of-the-art hospital during the licence raj was not easy. Reddy made over 60 trips to Delhi. Moreover, import of medical equipment was considered a luxury, and attracted 300% customs duty. Finally, it was a meeting with the then Prime Minister Indira Gandhi that helped Reddy get the hospital proposal cleared, paving the path for a sea change in India’s healthcare infrastructure.

While Reddy is the founder-chairman, Apollo Hospitals Enterprise is now run by his four daughters — Preetha Reddy, executive vice chairperson; Suneeta Reddy, MD; Sangita Reddy, joint MD; and Shobana Kamineni, promoter-director. The next generation, Preetha Reddy’s son Harshad and Suneeta Reddy’s daughter Sindoori, are also involved in managing the hospital chain.

In FY25, Apollo Hospitals recorded the highest-ever net sales of ₹21,794 crore, a 3-year CAGR of 14.1% (FY22-FY25), according to Capitaline data. Consolidated net profit was ₹1,446 crore, a 3-year CAGR of 11.1%.

“This performance is testament to the consistent work of our teams across verticals. We continued to grow our brick-and-mortar services even as our digital business saw a positive trend,” says Suneeta Reddy. The core hospital business saw healthy growth, and pharmacies and primary clinics expanded. The digital health platform, Apollo 24/7, is currently on the path to financial break-even.

In fact, Apollo is transitioning from a hospital-led network to a holistic healthcare platform — integrating digital and physical services to create a seamless experience for patients. It now has three divisions — healthcare with 73 hospitals across India (10,134 beds); digital health and pharmacy; and diagnostics and retail health. The hospital chain comprises 45 owned, six managed, and 22 day surgery and cradles. It operates over 6,500 pharmacies, 2,500 clinics and diagnostic centres, and 500 telemedicine centres.

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