Max Healthcare Institute Limited reported strong financial results for the second quarter and first half of FY27. For Q2 FY27, gross revenue increased by 20% YoY to ₹3,219 crore, with Profit After Tax (PAT) growing 10% YoY to ₹448 crore. The first half of FY27 saw gross revenue grow 18% YoY to ₹6,200 crore, and PAT increase 7% YoY to ₹805 crore.
Max Healthcare Reports Strong Q2 and H1 FY27 Performance
Max Healthcare Institute Limited announced its financial and operating results for the second quarter and half year ended September 30, 2026. The company demonstrated robust growth across key financial metrics.
Q2 FY27 Financial Highlights
- Gross Revenue for the Network surged by 20% YoY to ₹3,219 Cr, and by 8% QoQ to ₹2,982 Cr.
- Net Revenue also saw a significant increase, growing 18% YoY.
- Operating EBITDA reported a growth of 18% YoY.
- Profit After Tax (PAT) stood at ₹448 Cr, a 10% YoY growth compared to ₹406 Cr in Q2 FY26.
- PAT margin was 14.7%.
H1 FY27 Financial Highlights
- Gross Revenue for the Network reached ₹6,200 Cr, marking an 18% YoY growth.
- Profit After Tax (PAT) was ₹805 Cr, a 7% YoY growth compared to ₹750 Cr in H1 FY26.
- PAT margin stood at 13.7%.
Operational Highlights
- Operational bed capacity at the end of Sep’26 reached 5,518 beds, an increase of 16% YoY.
- Average occupancy remained strong at 77% for Q2 FY27.
- Inpatient Volumes grew by 12% YoY.
- Average Revenue Per Patient (ARPP) for Q2 FY27 was ₹2.31 lakhs, an 8% YoY increase.
- International patient revenue grew by 33% YoY to ₹307 Cr.
- Max Lab reported revenue growth of 24% YoY, and Max@Home saw a 37% YoY revenue increase.
Key Developments
- The company is actively expanding its capacity, with approved capital expenditure for 209 brownfield beds and ongoing upgradation projects.
- Max Healthcare also announced a rights issue that increased its shareholding in Kalinga Hospital Limited to ~66.34%.
Mr. Abhay Soi, Chairman and Managing Director, commented on the results, highlighting steady growth and expansion in bed capacity to meet India’s healthcare needs, along with strong demand and robust absorption of added capacity.
Source: BSE
