Artemis Medicare Services Limited , a leading healthcare provider, has announced robust financial results for the second quarter of fiscal year 2026, demonstrating significant growth across key metrics.

Financial Highlights

For Q2 FY26, Artemis Medicare reported:

• Consolidated revenue from operations of Rs 274.70 crore, up 13.8% year-over-year (YoY)
• EBITDA of Rs 58.27 crore, a 17.2% increase YoY
• Net profit after tax (PAT) of Rs 30.00 crore, surging 35.6% YoY
• EBITDA margin improved to 21.2% from 20.6% in Q2 FY25

Operational Performance

The company's flagship hospital in Gurugram showed strong operational metrics:

• Average Revenue Per Occupied Bed (ARPOB) increased to Rs 81,248, up 7.4% YoY
• Inpatient volumes grew by 9.0% YoY to 8,740
• Bed occupancy rate stood at 64.1%
• Revenue from overseas patients rose by 30.1% to Rs 82.49 crore, contributing 32% to net revenue

Half-Yearly Performance

For H1 FY26, Artemis Medicare's consolidated results included:

• Revenue from operations of Rs 529.66 crore, up 14.0% YoY
• EBITDA of Rs 106.60 crore, growing 18.1% YoY
• PAT of Rs 51.20 crore, a substantial increase of 32.5% YoY

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."

Expansion Plans

The company is progressing with its expansion initiatives:

• The ramp-up of newly added beds at the flagship hospital's third tower is expected to contribute to growth in the coming quarters.
• Artemis is on track to operationalize its upcoming 300+ bed super-specialty hospital in Raipur, Chhattisgarh, by March 2026.

Financial Position

As of September 30, 2025, Artemis Medicare maintained a strong balance sheet with:

• Total shareholders' funds of Rs 888.48 crore
• Cash and bank balances of Rs 348.09 crore

The company's focus on sustainable growth through operational excellence, network expansion, and strategic partnerships positions it well for future success in India's growing healthcare sector.

Artemis Medicare Services Limited , a leading healthcare provider, has announced robust financial results for the second quarter of fiscal year 2026, along with ambitious expansion plans to strengthen its market position.

Q2 FY26 Financial Highlights

Artemis Medicare Services reported a consolidated revenue from operations of Rs 274.70 crore for Q2 FY26, marking a significant 13.8% year-on-year growth. The company's EBITDA stood at Rs 58.27 crore, up 17.2% from the same quarter last year, with an improved EBITDA margin of 21.2%. Net profit after tax saw a substantial increase of 35.6% year-on-year, reaching Rs 30.00 crore.

Operational Performance

The company's flagship hospital in Gurgaon demonstrated strong operational metrics:

Revenue from overseas patients grew by 30.1% year-on-year.

Expansion Plans

Artemis Medicare Services announced a multi-year expansion strategy, which includes:

1. A new 400+ bed hospital in Gurugram, enhancing the company's presence in the National Capital Region (NCR)
2. Development of regional centers across NCR to extend its reach
3. Focus on enhancing specialty mix, particularly in oncology, cardiology, and robotic surgery
4. Leveraging digital health and international patient services to drive margin expansion

Additionally, the company plans to open a 300+ bed super-specialty hospital in Raipur, Chhattisgarh, by March 2026. This facility will cover key specialties including oncology, cardiology, neurology, orthopedics, and gastroenterology.

Management Commentary

Onkar Kanwar, Chairman of Artemis Medicare Services Ltd, commented on the results: "We are pleased to report another quarter of steady progress, building on the strong momentum of FY26. Our profitability and margins remained resilient, supported by an improved case and payor mix, higher international patient volumes, and continued operational efficiency."

He added, "As we look ahead, our priorities remain clear — driving sustainable growth through operational excellence, network expansion, and strategic partnerships, while continuing to strengthen Artemis' position as one of India's most trusted and forward-looking healthcare institutions."

Outlook

The expansion initiatives, particularly the new facilities in Gurugram and Raipur, are expected to contribute significantly to Artemis Medicare Services' growth in the coming quarters. The company's focus on high-acuity care and medical value travel, coupled with its strategic expansion plans, positions it well for future growth in the competitive healthcare sector.

Investors and stakeholders will be watching closely as Artemis Medicare Services executes its expansion strategy, which aims to enhance its market presence and capitalize on the growing demand for quality healthcare services in India.