Fischer Medical Ventures Limited reported a consolidated net profit of ₹3,101.94 lakh for the financial year ended March 31, 2026, a significant increase from ₹120.79 lakh in the previous year. The company's consolidated revenue from operations for FY26 stood at ₹30,857.56 lakh, compared to ₹11,069.87 lakh in FY25. The Board of Directors has recommended a final dividend of ₹0.05 per equity share for FY26, subject to shareholder approval at the ensuing Annual General Meeting.

Financial Performance

For the quarter ended March 31, 2026, the company reported a consolidated net loss of ₹711.94 lakh, contrasting with a profit of ₹131.22 lakh in the same quarter last year. Revenue from operations for Q4FY26 was ₹9,773.04 lakh. On a standalone basis, the company reported a net loss of ₹1,042.29 lakh for FY26 and a loss of ₹898.19 lakh for Q4FY26. Statutory auditors M/s. Bilimoria Mehta & Co., Chartered Accountants, issued an audit report with an unmodified opinion.

Key Metrics

The following table summarizes the audited financial results for the year ended March 31, 2026:

Corporate Actions

The Board approved the appointment of S. Ramanand Aiyer & Co., Chartered Accountants, as internal auditors for the financial year 2026-27. During the quarter, the company transferred its investment in Pellucidcare Health Innovations Pte Ltd to its wholly-owned subsidiary, Flynncare HealthCare Innovations Private Limited, making it a step-down subsidiary. The trading window for designated persons will remain closed until 48 hours after the declaration of financial results.

The World Federation of Neurosurgical Societies (WFNS) Innovation & Technology Committee has announced a landmark collaboration with Time Medical International Ventures (India) Pvt. Ltd. (Time Medical India), a wholly owned subsidiary of Fischer Medical Ventures Limited. The announcement was made on May 14, 2026, marking a significant milestone in advancing innovation in global neurosurgical care.

A Historic First for the WFNS Innovation & Technology Committee

For the first time in its history, the WFNS Innovation & Technology Committee has formally welcomed an industry partner into its innovation ecosystem. This development reflects the growing importance of collaboration between neurosurgical leadership and advanced medical technology providers. The partnership is designed to accelerate the development and dissemination of cutting-edge neurosurgical technologies, support global training and capacity-building initiatives, and facilitate meaningful collaboration between clinicians and industry innovators.

Key focus areas of the collaboration include:

• Cutting-edge neurosurgical technologies
• Advanced medical imaging solutions
• Global training and knowledge-sharing initiatives
• Technology transfer initiatives in emerging markets
• Improvement of patient outcomes across diverse healthcare systems

Partnership Overview

The following table summarises the key details of this collaboration:

Technology Capabilities of Time Medical India

Time Medical International Ventures (India) Pvt. Ltd. has been recognised for its contributions in advanced medical imaging and neurosurgical technologies. Its portfolio includes:

• Single-room intraoperative MRI operation suites
• Exoscope and visualisation technologies
• Specialised MRI solutions for brain aneurysm and ICAD screening

The association is expected to create a strong platform for innovation-driven advancements in neurosurgery and neuroimaging.

Leadership Perspectives

Prof. Dr. Iype Cherian, Chairperson of the WFNS Innovation & Technology Committee, commented on the significance of the partnership:

"For the first time in the history of the WFNS Innovation Committee, we are opening our doors to the private sector. This partnership reflects our commitment to bringing together the most innovative minds and transformative technologies to advance neurosurgical care globally. Time Medical International Ventures has demonstrated exceptional capabilities in innovation and clinical technology, making them an ideal partner as we work collectively to shape the future of neurosurgery."

He further added:

"This collaboration will help champion the development and global dissemination of cutting-edge neurosurgical solutions, facilitate knowledge exchange between leading neurosurgeons and industry experts, and support training and technology transfer initiatives in emerging markets. We believe this partnership will set a new benchmark for industry collaboration within global neurosurgical governance."

Svetlana Rao, Director of Time Medical International Ventures (India) Pvt. Ltd., said:

"We are honoured to be welcomed as an Industry Partner by the WFNS Innovation & Technology Committee. This collaboration represents a shared vision of advancing neurosurgical excellence through innovation, technology, and global cooperation. As a wholly owned subsidiary of Fischer Medical Ventures Limited, we remain committed to supporting transformative healthcare solutions that improve accessibility, precision, and patient outcomes across diverse healthcare systems."

Setting a New Benchmark for Global Neurosurgical Governance

The WFNS Innovation & Technology Committee expressed confidence that this landmark partnership will set a new benchmark for the role of industry within global neurosurgical governance and serve as a model for future collaborations. The Committee reaffirmed its commitment to ensuring that the engagement remains impactful, transparent, and guided by the highest ethical standards. Both organisations aim to shape the future of neurosurgery through shared vision, collaboration, innovation, and an enduring commitment to improving patient outcomes worldwide.