Max Healthcare Institute has announced its audited financial results for the quarter and year ended March 31, 2026, reporting a robust annual profit of ₹1,442 crore. The company also declared a final dividend of ₹2 per equity share. Key strategic developments include the construction of a new 712-bed hospital in Lucknow and the acquisition of a controlling stake in Kalinga Hospitals Limited, aimed at strengthening its presence in Eastern India.
Strong Financial Performance
The company delivered a strong performance for the financial year ending March 31, 2026. Consolidated annual revenue reached ₹8,373 crore, representing a significant increase over the previous fiscal year. Net profit for the full year stood at ₹1,442 crore, supported by a quarterly profit of ₹342 crore in Q4. Reflecting this growth, the Board has recommended a final dividend of ₹2 per equity share, subject to approval at the upcoming Annual General Meeting.
Strategic Hospital Expansion
Max Healthcare continues its aggressive growth strategy with the approval of a major project in Lucknow. The company will construct Phase-I of a new Max Super Specialty Hospital at Shaheed Path on a 5-acre land parcel. This facility is designed to accommodate approximately 712 beds. The project is expected to involve an investment of ₹1,400 crore, with completion targeted within 36 months from the approval of design drawings.
Growth in Eastern India
Furthering its footprint, the company acquired a 58.28% controlling stake in Kalinga Hospitals Limited for an aggregate cash consideration of ₹29,797 lakh on May 18, 2026. Kalinga Hospital is a 250-bed, NABH-accredited multi-specialty facility located in Bhubaneswar, Odisha. This acquisition is part of the company’s broader effort to expand its reach and service capabilities within Eastern India.
Corporate Updates
The company also confirmed several key governance and operational changes. These include the re-appointment of Mr. Anil Kumar Bhatnagar as a Non-Executive and Non-Independent Director for a term of three years ending September 30, 2029. Additionally, the Board approved the shifting of the registered office from the State of Maharashtra to the State of Haryana, specifically to Max Hospital, Gurugram.
Source: BSE
