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.

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.