StockWatch
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Hospital
Quarterly Result7 Sept 2026, 07:30 pm

Soni Medicare Reports FY26 Net Loss of ₹269.22 Lakhs

AI Summary

Soni Medicare Ltd has released its Annual Report for the financial year ended March 31, 2026. The company reported a revenue from operations of ₹2,400.01 lakhs, a decrease from ₹2,983.82 lakhs in the previous year. This resulted in a net loss of ₹269.22 lakhs. The company attributes the performance dip to lower patient volumes in certain specialties, pricing pressures in government and insurance-backed services, and cost structures that outpaced revenue growth. Soni Medicare is implementing a comprehensive operational reset, including a professional management system, rigorous budgeting, renegotiating consultant remuneration, rationalizing costs, and strengthening receivables management. The 38th Annual General Meeting is scheduled for September 29, 2026.

Key Highlights

  • FY26 revenue from operations decreased to ₹2,400.01 lakhs.
  • Company recorded a net loss of ₹269.22 lakhs for FY26.
  • Performance impacted by lower patient volumes and pricing pressures.
  • Operational reset initiated with professional management and cost controls.
  • 38th AGM scheduled for September 29, 2026.