By: IPP Bureau
Last updated : August 04, 2026 8:10 am
Gurugram hospital drives strong performance with profit after tax surging 48.3% to Rs. 31.44 crore during the quarter
Artemis Medicare Services Ltd reported a strong start to FY27, with consolidated revenue from operations rising 12.7% year-on-year to Rs. 287.32 crore for the quarter ended June 30, 2026.
The robust performance is driven by improved occupancy, higher average revenue per occupied bed (ARPOB), and sustained demand for specialised healthcare services.
Consolidated EBITDA increased 27.9% to Rs. 61.82 crore, while profit after tax (PAT) surged 48.3% to Rs. 31.44 crore during the quarter. Diluted earnings per share (EPS) rose 46.7% to Rs. 1.98.
The company's flagship Artemis Hospital, Gurugram, continued to deliver robust growth, with revenue from operations increasing 15.4% to Rs. 278.49 crore. EBITDA rose 24.4% to Rs. 61.63 crore, while PAT climbed 32.7% to Rs. 33.06 crore.
Operational performance also improved, with bed occupancy increasing to 65.7% from 61.2% a year ago. ARPOB rose to Rs. 85,690 compared with Rs. 79,752 in the corresponding quarter last year. Revenue from international patients grew 8.6% to Rs. 76.51 crore, contributing 27.5% of the Gurugram hospital's revenue.
Onkar Kanwar, Chairman, Artemis Medicare Services Ltd, said, “The robust performance reflects the resilience of our business model, disciplined execution, and our continued commitment to delivering high-quality healthcare services. Our flagship Gurugram hospital continued to perform well, supported by improved occupancy, higher average revenue per occupied bed (ARPOB), and sustained demand across our specialised clinical services."
"An important milestone for the Company has been the commencement of operations at our Raipur hospital in July 2026. This marks a significant step in expanding Artemis' presence into high-growth markets and extending access to world-class healthcare beyond our flagship centre," added Kanwar.
Dr. Devlina Chakravarty, Managing Director, Artemis Medicare Services Ltd, said, “The first quarter of FY27 reflects the continued strength of our operational strategy, with healthy revenue growth, improved margins, and strong profitability. Our focus on operational excellence, clinical quality, and disciplined cost management has enabled us to enhance financial performance while ensuring patient care remains at the heart of everything we do.”