Manipal Hospitals post ₹3,091 crore in Q1FY27, ebitda climbs 26%
The healthcare major’s Inpatient and outpatient volumes grew 38.8 per cent and 26.0 per cent, respectively, during the quarter, while occupancy improved by 290 basis points year on year to 65 per cent.
Bengaluru-based Manipal Hospitals reported a significant 38.1% YoY increase in revenue to Rs 3,091 crore in Q1FY27. EBITDA for the quarter rose by 26.4%, reaching Rs 749 crore. The company's profit after tax was Rs 243 crore, a 4.2% YoY decline due to interest costs from an NCD raised for the Sahyadri Hospitals acquisition. Excluding this cost, adjusted profit grew by 30.9% YoY.
ARPOB (average daily revenue per occupied bed) stood at Rs 77,200 excluding Sahyadri and Rs 71,500 including it, both up year-on-year. Inpatient volumes climbed by 38.8% and outpatient volumes by 26.0%, while occupancy improved by 290 basis points to 65%. The specialty mix shifted to 65.4% CONGO-R, a 45% YoY rise in CONGO-R revenue, driven by Oncology and Orthopedics.
Sahyadri Hospitals, the newly acquired chain, showed a 12.8% YoY revenue growth with an 18.7% increase in EBITDA. CEO Dilip Jose highlighted the importance of this quarter as Manipal Hospitals' first as a listed company, praising the company's performance due to its Pan-India network, high patient demand, and growth in complex care specialties.
Written by urgent.news from ETHealthworld's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
