New Delhi: Max Healthcare Institute on Wednesday said its post-tax profit grew 17 percent year-on-year to Rs 345 crore in the June quarter of FY26 due to better utilisation of beds operated across the hospital network.
The healthcare major had reported a profit after tax (PAT) of Rs 295 crore in the April-June period last year.
Max Healthcare said in a statement that gross revenue during the quarter rose to Rs 2,574 crore from Rs 2,028 crore in the same quarter a year ago.
Net debt stood at Rs 1,755 crore as at the end of June, as against Rs 1,576 crore as on March 31, 2025.
The company said its board has approved the execution of an agreement for leasing out a 130-bed hospital in Dehradun.
The proposed facility will be located near the company’s existing 220-bed hospital, which has been operational since 2012.
The new hospital, scheduled to be operational in 2028, will focus on advanced oncology services, including radiation therapy, among other specialties, the company said.
Further, wholly-owned subsidiary, Jaypee Healthcare Ltd has entered into a binding term sheet to sell Chitta (Bulandshahr) and Anupshahr hospitals to Manush Aushadhi & Research Ltd for Rs 40 crore, subject to working capital adjustments at closing.
The move is in line with the company’s strategy to focus on super-speciality care in large cities, the company said.
“Our continued growth is a reflection of our strategy and execution capabilities,” said Abhay Soi, chairman and managing director, Max Healthcare Institute.
He further added that the commissioning of the 160-bed brownfield tower at Max Mohali and the upcoming additional brownfield capacities at Max Smart and Nanavati-Max will significantly enhance the clinical and financial performance of the network.
“Along with this, we are expanding our clinical and support teams as well as optimising our service mix to ensure quick and effective utilisation of the new capacities,” Soi added.
The company’s shares were trading 0.24 percent higher at Rs 1,265 per share on the BSE.
