Bengaluru: Indian hospital operator Fortis Healthcare Ltd, which is set to be acquired by Malaysia’s IHH Healthcare Bhd, posted a quarterly loss due to impairment charges.

The company’s net loss widened to Rs142 crore ($19.43 million) in the second quarter ended September, from Rs23.61 crore a year earlier, according to a filing on Monday.

Fortis, which has operations in India, Dubai, Mauritius and Sri Lanka, agreed to be bought by IHH Healthcare after a prolonged takeover battle, which drew interest from five international and local suitors.

Income from operations fell 4.8% to Rs1,140 crore. The company incurred a one-time loss of Rs96.07 crore for the quarter compared with a loss of Rs46.76 crore a year ago.

Shares of Fortis Healthcare Ltd today closed at Rs140.10 per scrip on the BSE, up 0.94% from their previous close.

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