Aster DM Quality Care Limited announced a 19% year-on-year revenue growth, reaching INR 2,829 crore in the second quarter of fiscal year 2027. This growth was driven by a 12% rise in patient volumes. The company also reported a 25% increase in Operating EBITDA to INR 678 crore and a 34% surge in Normalised PAT to INR 281 crore, demonstrating robust financial performance and operational leverage.
Aster DM Quality Care Reports Strong Q2 FY27 Results
Aster DM Quality Care Limited has announced its financial results for the quarter and half-year ended 30 September 2026. The company reported a significant 19% year-on-year growth in revenue, which stood at INR 2,829 crore for the second quarter of fiscal year 2027 (Q2 FY27). This expansion in revenue was primarily fueled by a 12% increase in total patient volumes during the same period.
Key Financial Highlights
The company’s operating performance also showed substantial improvement. Operating EBITDA saw a robust 25% year-on-year increase, reaching INR 678 crore in Q2 FY27. This was accompanied by a healthy growth in the Operating EBITDA margin, which improved by 111 basis points to 24.0%.
Furthermore, Normalised Profit After Tax (PAT) witnessed a strong 34% year-on-year growth, amounting to INR 281 crore in Q2 FY27. The Normalised PAT margin for the quarter was 9.9%.
Operational Performance
On the operational front, total patient volumes in Q2 FY27 reached 2.18 million, a 12% increase compared to the previous year. The company also expanded its operational bed capacity to 10,611 beds, reflecting a 4% growth. Occupancy rates improved to 68%, a significant jump of 335 basis points from Q2 FY26, while the Average Length of Stay (ALOS) remained stable at 3.3 days.
Synergies and Strategic Initiatives
The presentation also detailed the realization of synergies, with INR 16.6 crore achieved in Q2 FY27, contributing to an annualised runway of INR 65 crore. The company emphasized its strategic focus on unlocking value through various initiatives, including Academics, Nursing & Talent Sharing, Renewable Energy Savings, Indirect Cost Optimisation, CAPEX Efficiencies, and IT Integration. The full synergy potential is estimated at INR 200 crore.
Geographical Performance and Future Outlook
Double-digit growth was observed across all geographies, with Kerala and Tamil Nadu leading at 23% YoY revenue growth, followed by South-West and Central regions at 16% YoY, and South-East at 13% YoY. The company is also progressing with its plan to build a 15,000+ bed healthcare network, with a significant addition of beds projected through both Greenfield and Brownfield projects.
Source: BSE
