Global Health Limited , the operator of Medanta hospitals, has reported robust financial performance for the first quarter of fiscal year 2026, alongside significant corporate governance updates.

Financial Highlights

Global Health's consolidated revenue from operations for Q1 FY2026 reached ₹10,308.37 crore, marking a substantial increase from ₹8,610.77 crore in the same quarter last year. The company's profit after tax surged to ₹1,589.82 crore, up from ₹1,062.64 crore year-over-year.

On a standalone basis, the company reported revenue from operations of ₹8,821.56 crore, compared to ₹7,578.62 crore in Q1 FY2025. Standalone profit after tax increased to ₹1,519.64 crore from ₹1,085.51 crore in the corresponding quarter of the previous year.

Key Corporate Developments

The Board of Directors has recommended several significant reappointments:

1. Dr. Naresh Trehan has been recommended for reappointment as Chairman and Managing Director for a five-year term starting August 1, 2026.

2. Mr. Vikram Singh Mehta and Mr. Hari Shanker Bhartia have been recommended for reappointment as Independent Directors for second terms of five consecutive years, effective January 25, 2026, and March 23, 2026, respectively.

Dividend and AGM Announcement

Global Health has scheduled its 21st Annual General Meeting (AGM) for September 19, 2025, to be held via video conferencing. The company has set August 22, 2025, as the record date for determining shareholder eligibility for a final dividend of ₹0.50 per equity share for FY2025, subject to shareholder approval at the AGM.

Expansion Plans

During the quarter, Global Health received an offer from Assam Electricity Grid Corporation Limited to acquire a land parcel in Guwahati for establishing a super specialty hospital. The company has subsequently received a revised offer for a 3.5-acre land parcel, indicating potential expansion plans in the northeastern region.

Employee Stock Option Plan

The company has approved the grant of 595,500 options to eligible employees under the Global Health Limited Employees Long-Term Share Based Incentive Plan - 2024. Additionally, 163,000 shares have been allotted to the GHL Employees Welfare Trust as part of this plan.

Global Health's strong financial performance and strategic initiatives demonstrate its commitment to growth and corporate governance, positioning it well for future expansion in the healthcare sector.

Global Health Limited , operating under the brand name Medanta, has received a significant boost for its expansion plans in Northeast India. The Assam Cabinet has approved the allotment of 3.5 acres of land on a long-term lease for Medanta's hospital project in Guwahati, marking a crucial step in the company's growth strategy.

Lease Terms and Land Details

The lease agreement, as approved by the Assam Cabinet, includes the following key terms:

• Duration: 60-year lease with an option for a 30-year renewal
• Upfront Land Lease Charge: Rs. 56.00 crore
• Ongoing Estate Charges: Rs. 2.42 per square meter per month, subject to escalation as per existing norms

This 3.5-acre land allocation replaces an earlier offer of 3 acres from Assam Electricity Grid Corporation Limited. The change came after Medanta requested a substitution with suitable highway-adjacent land, demonstrating the company's strategic approach to site selection.

Project Highlights

• The Cabinet has approved a common Floor Area Ratio (FAR) for the entire land parcel, which will encompass two hospitals and one hotel.
• This approval signifies a major step forward in Medanta's plans to establish a significant healthcare presence in Guwahati.

Next Steps

Medanta is currently awaiting further details from relevant agencies regarding the land offer. The company's management is working on the next steps, which will likely include:

1. Execution of Memorandums of Understanding (MoUs)
2. Signing of agreements with respective agencies
3. Detailed project planning and design

Implications for Healthcare in Assam

This development is expected to enhance the healthcare infrastructure in Assam, potentially bringing Medanta's renowned medical expertise to the region. The project aligns with the state government's efforts to improve healthcare facilities and attract investments in the sector.

Company's Response

While specific comments from Global Health's management were not provided, the company has stated that it will keep the stock exchanges and investors updated on any material developments regarding this project.

As Global Health moves forward with this significant expansion, stakeholders will be watching closely to see how this new facility in Guwahati will contribute to the company's growth and the overall improvement of healthcare services in Northeast India.