Artemis Medicare Services Limited announced its financial results for Q2 FY27 (quarter ended September 30, 2026) through a press release submitted to the National Stock Exchange of India Limited and BSE Limited.

Financial Performance - Consolidated (YoY: Q2 FY27 vs Q2 FY26)

  • Revenue from operations: ₹31,104 lakhs, up 13.2% from ₹27,470 lakhs
  • EBITDA: ₹6,289 lakhs, up 7.9% from ₹5,827 lakhs
  • Adjusted EBITDA*: ₹7,150 lakhs, up 22.7% from ₹5,827 lakhs
  • PAT: ₹3,110 lakhs, up 3.7% from ₹3,000 lakhs
  • Diluted EPS: ₹1.96, up 3.7% from ₹1.89

Financial Performance - Consolidated (QoQ: Q2 FY27 vs Q1 FY27)

  • Revenue from operations: ₹31,104 lakhs, up 8.3% from ₹28,732 lakhs
  • EBITDA: ₹6,289 lakhs, up 1.7% from ₹6,182 lakhs
  • Adjusted EBITDA*: ₹7,150 lakhs, up 15.7% from ₹6,182 lakhs
  • PAT: ₹3,110 lakhs, down 1.1% from ₹3,144 lakhs
  • Diluted EPS: ₹1.96, down 1.0% from ₹1.98

Artemis Hospital Gurgaon Performance (YoY: Q2 FY27 vs Q2 FY26)

  • Revenue from operations: ₹29,844 lakhs, up 14.5% from ₹26,059 lakhs
  • EBITDA: ₹7,096 lakhs, up 21.8% from ₹5,828 lakhs
  • PAT: ₹4,043 lakhs, up 25.9% from ₹3,210 lakhs
  • Bed capacity utilisation: 68.1% vs 64.1%
  • Average revenue per occupied bed (ARPOB): ₹86,631 vs ₹81,248
  • Revenue from overseas patients: ₹8,877 lakhs, up 7.6% from ₹8,249 lakhs (29.7% of revenue from operations)

Artemis Hospital Gurgaon Performance (QoQ: Q2 FY27 vs Q1 FY27)

  • Revenue from operations: ₹29,844 lakhs, up 7.2% from ₹27,849 lakhs
  • EBITDA: ₹7,096 lakhs, up 15.1% from ₹6,163 lakhs
  • PAT: ₹4,043 lakhs, up 22.3% from ₹3,306 lakhs
  • Bed capacity utilisation: 68.1% vs 65.7%
  • Average revenue per occupied bed (ARPOB): ₹86,631 vs ₹85,690
  • Revenue from overseas patients: ₹8,877 lakhs, up 16.0% from ₹7,651 lakhs (29.7% of revenue from operations)

Strategic Developments

  • Commenced operations at Raipur Unit in July 2026
  • *Adjusted EBITDA excludes the performance of the newly launched Raipur Unit
  • Company operates 800+ beds predominantly in Delhi NCR region
  • Runs a 700+ bed quaternary care, super speciality hospital accredited by JCI and NABH
  • Joint venture with Philips under Artemis Cardiac Care brand
  • Overseas presence in Mauritius through operations and management arrangement

Management Commentary

Mr. Onkar Kanwar, Chairman, highlighted:

  • Steady performance with consolidated revenue growing 13.0% year-on-year
  • Resilience of business model and sustained demand for quality healthcare services
  • Raipur hospital commencement marks important milestone in growth journey
  • Focus on calibrated expansion with clinical excellence and operational sustainability
  • Commitment to prudent capital allocation

Dr. Devlina Chakravarty, Managing Director, mentioned:

  • Continued momentum in core Gurugram operations
  • Improved occupancy and stronger operating profitability
  • Focus on operational efficiencies and disciplined cost management
  • Progressive building of clinical capabilities at Raipur facility
  • Objective to establish Raipur as trusted destination for advanced healthcare in Central India