HYDERABAD (Reuters) -India’s Apollo Hospitals Enterprise reported its fifth straight quarterly profit rise on Tuesday, beating estimates, on higher demand for its healthcare services.

The hospital chain operator reported a consolidated net profit that rose 41.8% to 4.33 billion rupees ($49.40 million)for the April-June quarter.

Analysts, on average, had expected of 3.86 billion rupees, according to data compiled by LSEG.

($1 = 87.6520 Indian rupees)

(Reporting by Rishika Sadam)

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