Vijaya Diagnostic Centre Reports Robust Q1 FY26 Performance with 20.5% Revenue Growth
Vijaya Diagnostic Centre announced strong Q1 FY26 results with revenue increasing 20.5% to ₹188.05 crore. Net profit rose 23.1% to ₹38.59 crore, while EBITDA grew to ₹73.50 crore with a margin of 39.10%. The company granted 2,500 ESOPs, appointed a new Secretarial Auditor, and is progressing with a proposed merger with its subsidiary, Medinova Diagnostic Services Limited.

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Vijaya Diagnostic Centre , a leading diagnostic services provider, has announced strong financial results for the first quarter of fiscal year 2026, demonstrating significant growth across key metrics.
Revenue Surge
The company reported a substantial increase in its quarterly revenue, which rose to ₹188.05 crore, marking a 20.5% growth compared to ₹156.22 crore in the same period last year. This impressive top-line growth underscores the company's expanding market presence and increasing demand for its diagnostic services.
Profitability Boost
Vijaya Diagnostic Centre's profitability showed remarkable improvement:
- EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to ₹73.50 crore from ₹61.20 crore year-over-year.
- The EBITDA margin remained robust at 39.10%, compared to 39.20% in the previous year, indicating consistent operational efficiency.
- Consolidated net profit rose significantly to ₹38.59 crore from ₹31.35 crore in the corresponding quarter of the previous year, representing a growth of 23.1%.
Financial Highlights
Metric (₹ in crore) | Q1 FY26 | Q1 FY25 | YoY Change |
---|---|---|---|
Revenue | 188.05 | 156.22 | +20.5% |
EBITDA | 73.50 | 61.20 | +20.1% |
Net Profit | 38.59 | 31.35 | +23.1% |
EBITDA Margin | 39.10% | 39.20% | -0.1% |
Operational Updates
The company's Board of Directors, in their meeting held on July 28, 2025, approved several key operational decisions:
Employee Stock Options: The company granted 2,500 Employee Stock Options (ESOPs) under the "VDCL Employee Stock Option Plan 2018". These options are convertible into an equal number of equity shares with a face value of ₹1 each.
Secretarial Auditor Appointment: M/s. Balaramakrishna & Associates, Practicing Company Secretaries, have been appointed as the Secretarial Auditor for a period of five consecutive financial years from FY 2025-26 to FY 2029-30.
Proposed Merger: The company is progressing with its proposed Scheme of Amalgamation, wherein Medinova Diagnostic Services Limited (a subsidiary) would merge into Vijaya Diagnostic Centre. The scheme is currently awaiting necessary regulatory approvals.
Management Commentary
While specific management comments were not provided, the strong financial performance reflects the company's continued focus on expanding its service offerings and operational efficiency. The consistent EBITDA margin demonstrates Vijaya Diagnostic Centre's ability to manage costs effectively while driving growth.
Vijaya Diagnostic Centre's robust Q1 FY26 results, characterized by double-digit growth in revenue and profitability, position the company well for continued success in the diagnostic services sector. The strategic initiatives, including the proposed merger and employee stock option grants, further underscore the company's commitment to long-term growth and value creation for stakeholders.
Historical Stock Returns for Vijaya Diagnostic Centre
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.77% | +1.20% | +10.48% | -0.59% | +36.54% | +74.70% |