Apollo Hospitals has reported a 36.02 percent rise in net profit to Rs 69.74 crore during the first quarter of the financial year till June 2012.

The net profit recorded a strong growth mainly due to robust performance of healthcare services and pharmacy segments. The company had recorded a net profit of Rs 51.27 crore during the same quarter of the previous year, Apollo Hospitals Enterprises said in filing with the BSE.

The net sales of the company was recorded at Rs 777.39 crore during the quarter compared to Rs 641.01 crore recorded during the same quarter of the previous year. The net sales from healthcare sector increased to Rs 529.90 crore from Rs 451.42 crore in the same quarter of the previous year.

Pharmacy sales grew to Rs 247.66 crore compared to Rs 189.76 crore in the earlier quarter. The company issued 13,81,619 equity shares to International Finance Corporation, Washington on a face value of Rs 302.50 per share of face value of Rs 5 eachupon conversion of balance Foreign Currency Convertible Bond (FCCB) loan amount of $7.5 million.

The shares of the company were trading at Rs 618.70 per share at the Bombay Stock Exchange (BSE) this afternoon at the time of reporting.