Financial Results Summary

Standalone Financial Results (Q1 FY27 ended June 30, 2026)

  • Revenue from operations: ₹26,561 million vs ₹21,679 million in Q1 FY26 (22.5% YoY growth)
  • Total income: ₹27,032 million vs ₹22,004 million in Q1 FY26
  • Profit before tax: ₹5,007 million vs ₹3,966 million in Q1 FY26
  • Profit after tax: ₹3,852 million vs ₹3,069 million in Q1 FY26
  • Basic EPS: ₹26.79 vs ₹21.35 in Q1 FY26
  • EBITDA: ₹6,562 million vs ₹5,461 million in Q1 FY26
  • Exceptional item: ₹114 million charge in FY26 due to Labour Codes implementation impact

Consolidated Financial Results (Q1 FY27 ended June 30, 2026)

  • Revenue from operations: ₹70,435 million vs ₹58,421 million in Q1 FY26 (20.6% YoY growth)
  • Total income: ₹70,923 million vs ₹58,823 million in Q1 FY26
  • Profit before tax: ₹7,988 million vs ₹5,827 million in Q1 FY26
  • Profit after tax: ₹6,104 million vs ₹4,410 million in Q1 FY26
  • PAT attributable to owners: ₹5,807 million vs ₹4,328 million in Q1 FY26
  • Basic EPS: ₹40.39 vs ₹30.10 in Q1 FY26
  • Exceptional item: ₹192 million charge in FY26 due to Labour Codes implementation impact

Segment-wise Performance (Consolidated Q1 FY27)

  • Healthcare services revenue: ₹36,195 million (22% YoY growth)
  • Retail health and diagnostics revenue: ₹4,995 million
  • Digital health and pharmacy distribution revenue: ₹29,770 million (20% YoY growth)
  • Healthcare services EBITDA: ₹6,859 million
  • Retail health and diagnostics EBITDA: ₹227 million
  • Digital health and pharmacy distribution EBITDA: ₹1,523 million

Statutory Auditor Appointment

  • Board approved appointment of M/s Price Waterhouse Chartered Accountants LLP (ICAI Firm Registration No.: 012754N/N500016) as statutory auditors for five-year term commencing from conclusion of 46th AGM (to be held in 2027) until conclusion of 51st AGM (to be held in 2032)
  • Subject to shareholder approval and statutory compliance requirements
  • Current auditor M/s Deloitte Haskins & Sells LLP (ICAI Firm Registration No. 117366W/W-100018) will continue until conclusion of 46th AGM
  • Price Waterhouse has 17 branch offices in India and over 120 assurance partners as of April 1, 2026

Subsidiary Restructuring

  • Apollo Healthco Limited (AHL), a material subsidiary, will transfer its FMCG wholesale distribution business (Transferred Undertaking) to Apollo Consumer Products Limited (ACPL), its wholly-owned subsidiary
  • Transaction to be executed on slump sale basis as going concern, subject to AHL shareholder approval
  • Transferred Undertaking FY26 turnover: ₹36,097 million (14.31% of consolidated turnover)
  • Transferred Undertaking FY26 net worth: ₹5,959 million (5.97% of consolidated net worth)
  • Consideration to be lump sum cash equivalent to fair market value determined under Income Tax Rules
  • Expected completion date: October 1, 2026, or mutually agreed date
  • Rationale: Segregate business for enhanced group efficiency

ESOP Grants

  • Granted 36,848 stock options and 9,949 RSUs aggregating to 46,798 equity shares of ₹5 each under Apollo ESOP Plan 2024
  • Exercise price for options: ₹5,874 per share (20% discount to weighted average market price April 2025-March 2026)
  • Vesting schedule: 40% after 2 years, 30% after 3 years, 30% after 4 years from grant date
  • Vested options exercisable within 3 years from respective vesting dates
  • Scheme compliant with SEBI (Share Based Employee Benefits) Regulations, 2021

Corporate Developments

  • Composite Scheme of Arrangement approved June 30, 2025, for demerger of omni-channel pharmacy and digital health businesses into Apollo Healthtech Limited
  • NCLT petition filed after receiving requisite approvals from secured creditors, unsecured creditors, and equity shareholders on June 24, 2026
  • Business Framework Agreement executed between AHEL and AHL on June 30, 2025, for independent business pursuit and collaboration
  • Board approved merger of Apollo Hospitals North Limited (wholly-owned subsidiary) with company on May 20, 2026
  • AHLL to combine with Kids Clinic India Limited (Cloudnine) creating maternity and fertility care platform
  • AHLL to divest stake in Apollo Specialty Hospitals and Apollo Fertility Centre to Kids Clinic at enterprise value of approximately ₹15,500 million

Regulatory Impact

  • Labour Codes implementation notified November 21, 2025, resulted in exceptional charge of ₹114 million (standalone) and ₹192 million (consolidated) for FY26 due to increased gratuity and leave liabilities
  • Imperial Hospitals and Research Centre Limited (subsidiary) facing land allotment dispute with Karnataka Revenue Department
  • Revenue Department cancellation order dated February 13, 2026, stayed by Karnataka High Court on April 10, 2026
  • Company believes it has adequate grounds to demonstrate compliance

Board Meeting Details

  • Meeting held on August 12, 2026
  • Commenced at 4:35 PM, concluded at 7:00 PM
  • Financial results approved after review by Audit Committee on August 11, 2026
  • Statutory auditors Deloitte Haskins & Sells LLP issued unmodified review conclusion

Additional Information

  • Financial results prepared in accordance with Ind AS and SEBI Listing Regulations
  • Company operates primarily in single business segment "Healthcare Services"
  • Results available on company website www.apollohospitals.com
  • Results to be published in newspapers as per Regulation 47 of Listing Regulations