Artemis Medicare Services Limited , a leading healthcare provider, has reported a strong financial performance for the second quarter of fiscal year 2026 (Q2 FY26).

Financial Highlights

• Revenue Growth: The company's consolidated revenue from operations increased by 13.8% year-over-year to ₹274.70 crore in Q2 FY26, up from ₹241.42 crore in the same quarter last year.

• Profit Surge: Net profit after tax saw a significant jump of 35.6% to ₹30.00 crore, compared to ₹22.13 crore in Q2 FY25.

• EBITDA Performance: Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew by 17.2% to ₹58.27 crore, with the EBITDA margin improving to 21.2% from 20.6% in the corresponding quarter of the previous year.

Operational Performance

• Occupancy Rate: The company's flagship hospital in Gurugram reported an occupancy rate of 64.1% in Q2 FY26.

• ARPOB Growth: Average Revenue Per Occupied Bed (ARPOB) increased to ₹81,248, representing a 7.4% growth compared to the same period last year.

• International Patient Revenue: Revenue from overseas patients showed strong growth, increasing by 30.1% to ₹82.49 crore and contributing 32% to the net revenue.

Management Commentary

Onkar Kanwar, Chairman of Artemis Medicare Services Ltd, stated, "We are pleased to report another quarter of steady progress, building on the strong momentum of FY26. In Q2, we continued to deliver healthy growth and robust operational performance, driven by disciplined execution, cost optimization, and a sustained focus on clinical and service excellence."

He added, "Our profitability and margins remained resilient, supported by an improved case and payor mix, higher international patient volumes, and continued operational efficiency. ARPOB remained at elevated levels during the quarter, reaffirming our strong positioning in high-acuity care and Medical Value Travel."

Future Outlook

The company reported that the ramp-up of newly added beds at the flagship hospital's third tower is progressing well and is expected to contribute meaningfully to growth in the coming quarters. Additionally, the operationalization of the upcoming unit in Raipur is on track and targeted for March 2026.

Artemis Medicare Services Limited continues to focus on sustainable growth through operational excellence, network expansion, and strategic partnerships, aiming to strengthen its position as one of India's leading healthcare institutions.

Note: All figures are based on consolidated financial results for Q2 FY26 ended September 30, 2025.

Artemis Medicare Services Limited, a prominent healthcare provider, has announced the appointment of Mr. Rudra Narayan Acharjee as Head-Investor Relations, M&A and Organization Growth Strategy, effective September 18, 2025. This strategic move aims to bolster the company's investor relations and drive its expansion plans.

Key Appointment Details

The Board of Directors of Artemis Medicare Services approved the appointment based on the recommendation of the Nomination and Remuneration Committee. Mr. Acharjee will join the company as a Senior Management Personnel, bringing with him a wealth of experience in corporate finance and strategy across various sectors.

Professional Background

Rudra Narayan Acharjee is a seasoned professional with a diverse background spanning healthcare, manufacturing, and banking sectors. His expertise lies in business transformation, optimizing financial performance, and enabling sustainable growth through strategic initiatives.

Educational Qualifications

Mr. Acharjee holds impressive credentials, including:

• Chartered Financial Analyst (CFA) from ICFAI University, Tripura
• Master of Investment & Financial Analyst (MIFA) from ICFAI University, Tripura
• MBA from the Regional College of Management, Odisha

Previous Experience

Prior to joining Artemis Medicare Services, Mr. Acharjee held significant positions in reputable organizations:

• Assistant Vice President - Business Planning & Strategy at KIMS Hospitals, Hyderabad
• Worked with Narayana Health and Fortis Healthcare in the healthcare sector
• Experience in manufacturing with Jindal Stainless Ltd. and Kajaria Ceramics Ltd.

Role and Responsibilities

In his new role, Mr. Acharjee will be responsible for:

• Heading the Investor Relations department
• Overseeing Mergers and Acquisitions (M&A) activities
• Developing and implementing organizational growth strategies

This appointment underscores Artemis Medicare Services' commitment to strengthening its leadership team and focusing on strategic growth initiatives. Mr. Acharjee's extensive experience in the healthcare sector, combined with his expertise in finance and strategy, is expected to contribute significantly to the company's future expansion plans and investor relations efforts.

The healthcare industry continues to evolve rapidly, and with this key appointment, Artemis Medicare Services appears poised to navigate the changing landscape while focusing on sustainable growth and shareholder value creation.