Yatharth Hospital & Trauma Care Services Limited , a leading private super specialty hospital chain in North India, has reported robust financial results for the first quarter of fiscal year 2026, while also announcing the resignation of its statutory auditors.

Strong Financial Performance

For Q1 FY2026, Yatharth Hospital delivered impressive growth across key financial metrics:

• Operating Revenue reached Rs. 2,578.00 million, up 22% year-over-year and 11% quarter-over-quarter.
• EBITDA stood at Rs. 645.00 million, marking a 20% year-over-year increase and a 13% quarter-over-quarter rise.
• Profit After Tax (PAT) surged to Rs. 425.00 million, representing a significant 40% year-over-year growth.

The company's EBITDA margin improved by 41 basis points quarter-over-quarter to 25.0%, reflecting its thirteenth consecutive quarter of EBITDA growth.

Operational Highlights

Yatharth Hospital reported several operational improvements:

• Bed occupancy increased to 65%, up from 61% in Q1 FY2025.
• The Average Revenue Per Occupied Bed (ARPOB) rose to Rs. 32,395.00, a 6% year-over-year increase.
• The Noida Extension and Greater Noida facilities registered record ARPOB at Rs. 39,800.00 (+7% YoY) and Rs. 38,400.00 (+9% YoY) respectively.
• The Greater Faridabad facility turned net profit positive within one year of its operationalization.

Expansion and Growth Initiatives

The company has made significant strides in its expansion plans:

• A new 300-bed facility in New Delhi was inaugurated in July 2025.
• Another facility in Faridabad, with approximately 400 beds, is set to become operational in August 2025.
• These new facilities are expected to accelerate growth momentum from Q2 FY2026 onwards.

Auditor Resignations

In a separate development, Yatharth Hospital announced the resignation of its statutory auditors:

• M/s. R Nagpal Associates resigned as the statutory auditor of Yatharth Hospital & Trauma Care Services Limited.
• M/s. MAPPS & Company resigned as the auditor of the subsidiary AKS Medical & Research Centre Private Limited.

Both firms cited the same reason for their resignations: the proposed remuneration would not be commensurate with the efforts required to conduct audits in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India.

The resignations took effect on August 5, 2025, after both firms completed their limited review for the quarter ended June 30, 2025.

Management Commentary

Yatharth Tyagi, Whole Time Director of Yatharth Hospitals, commented on the performance: "We are happy to report yet another quarter of consistent and robust growth at Yatharth Hospitals, marked by strong revenue performance and profitability growth in Q1 FY26. This reflects our unwavering focus on operational excellence and disciplined expansion."

He added, "With the Model Town and the Faridabad facility, having a combined capacity of 700+ beds, we expect to further accelerate our growth momentum from Q2 FY26 onwards."

The company remains confident that its strategic initiatives will enable it to sustain its growth trajectory and continue delivering long-term value to all stakeholders.

Yatharth Hospital's strong financial performance, coupled with its expansion plans, positions it well for continued growth in the healthcare sector. However, the resignation of its auditors over remuneration issues may require attention to ensure smooth financial reporting processes in the future.

Yatharth Hospital & Trauma Care Services Ltd , a leading private super specialty hospital chain in North India, has reported robust financial performance for the first quarter, along with several key appointments.

Financial Highlights

Key Appointments and Decisions

• M/s MKP & Associates appointed as Secretarial Auditor for a five-year term from April 1, 2025 to March 31, 2030, subject to shareholder approval
• M/s Subodh Kumar & Co. re-appointed as Cost Auditor for FY 2025-26
• M/s Saurav Upadhyay & Associates appointed as Scrutinizer for the upcoming Annual General Meeting

Operational Update

• The company inaugurated its Delhi facility on July 14, 2025, and commenced commercial operations

The strong financial results and strategic appointments demonstrate Yatharth Hospital's commitment to growth and corporate governance. The new Delhi facility is expected to contribute to the company's expansion plans and service offerings in the region.

Yatharth Hospital continues to strengthen its position in the healthcare sector with these positive developments, setting a solid foundation for future growth and improved patient care.