StockWatch
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Hospital
Quarterly Result30 Oct 2026, 02:53 pm

Max Healthcare Q2 Revenue Up 20% to ₹3,219 Cr, PAT Grows 10% to ₹448 Cr

AI Summary

Max Healthcare Institute Ltd. reported a strong second quarter with network gross revenue reaching ₹3,219 Cr, a 20% year-over-year increase, driven by a 13% rise in occupied bed days. Profit After Tax (PAT) stood at ₹448 Cr, up 10% YoY. The company expanded its operational bed capacity by 16% to 5,518 beds. Key growth drivers included a 33% YoY increase in international patient revenue to ₹307 Cr, a 24% YoY rise in Max Lab revenue to ₹66 Cr, and a 37% YoY growth in Max@Home revenue to ₹86 Cr. Free cash from operations was ₹500 Cr, with ₹292 Cr invested in expansion and ₹195 Cr disbursed as dividend. The company also increased its shareholding in Kalinga Hospital Limited to 66.34% and approved capital expenditure of ₹415 Cr for adding 209 brownfield beds.

Key Highlights

  • Q2 revenue surged 20% YoY to ₹3,219 Cr.
  • Q2 PAT increased 10% YoY to ₹448 Cr.
  • Operational bed capacity grew 16% YoY to 5,518 beds.
  • International patient revenue up 33% YoY.
  • Company increased stake in Kalinga Hospital to 66.34%.