Fortis Healthcare Q2 Net Profit Dips 2.53% to Rs 320.47 Cr, Revenue Rises to Rs 2,735 Cr

New Delhi: Fortis Healthcare Ltd on Thursday reported a 2.53 per cent decline in consolidated profit after tax to Rs 320.47 crore during the September quarter.

The company had posted a consolidated profit after tax (PAT) of Rs 328.82 crore in the corresponding period last fiscal year.

Revenue from operations stood at Rs 2,734.83 crore, compared to Rs 2331.44 crore in the year-ago period, Fortis Healthcare said in a regulatory filing.

Its total expenses increased to Rs 2,318.27 crore in Q2 FY27 from Rs 1,955.83 crore in the same period of the preceding fiscal.

Revenue growth in the hospital business during the quarter was led by about a 7 per cent increase in average revenue per In-Patient and around a 9 per cent rise in occupied beds, Fortis Healthcare said in a release.

Revenue mix of the business continued to improve, with the B2C share increasing to 54 per cent in the current quarter from 52 per cent in the year-ago period, it said.

During the April-September period (H1 FY27), the company’s PAT remained almost unchanged at Rs 593.27 crore compared to Rs 595.6 crore in the year-ago period, the filing said.

“We have witnessed another quarter of sustained growth, maintaining our growth trajectory in Q2 FY27 across our hospital and diagnostics businesses,” Fortis Healthcare MD and CEO Ashutosh Raghuvanshi said.

He highlighted the recent acquisition of 110-bed Suguna Hospital in Bengaluru and “a long-term healthcare services agreement for a 400+ bed super-speciality hospital in Ashok Vihar, Delhi”.

“Our diagnostics business continued to demonstrate consistent growth and strong operational momentum. With our ongoing capacity expansion initiatives, focus on clinical excellence and disciplined execution of our growth strategy, we remain well positioned to capitalise on the growing demand for quality healthcare services in India and deliver sustainable growth over the coming years,” he added.

Shares of Fortis Healthcare ended 3.68 per cent higher at Rs 820 apiece on the BSE on Thursday.

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