Earnings Review
Apollo Hosp Q4 PAT, sales beat view on strong HealthCo growth
This story was originally published at 20:06 IST on 20 May 2026
Register to read our real-time news.Informist, Wednesday, May 20, 2026
Please click here to read all liners published on this story
--Apollo Hosp Jan-Mar consol net profit INR 5.29 bln
--Analysts saw Apollo Hosp Jan-Mar consol net profit at INR 4.75 bln
--Apollo Hosp Jan-Mar consol revenue INR 66.06 bln
--Analysts saw Apollo Hosp Jan-Mar consol revenue at INR 64.52 bln
--Apollo Hosp Jan-Mar consol PAT INR 5.29 bln vs INR 3.90 bln yr ago
--Apollo Hosp Jan-Mar consol revenue INR 66.06 bln vs INR 55.92 bln yr ago
--Apollo Hosp to pay INR 10 per share final dividend
--Apollo Hosp final dividend record date Aug 14
--Apollo Hospitals to merge arm Apollo Hospitals North with co
--Apollo Hosp FY26 consol PAT INR 19.42 bln vs INR 14.46 bln yr ago
--Apollo Hosp FY26 consol revenue INR 252.29 bln vs INR 217.94 bln yr ago
--Apollo Hosp Q4 consol health svcs sales INR 33.34 bln vs INR 28.43 bln
--Apollo Hosp Q4 digital health, pharma sales INR 28.48 bln vs INR 23.76 bln
--Apollo Hosp Q4 retail health, diagnostics sales INR 4.9 bln vs INR 3.9 bln
--Apollo Hosp Q4 consol EBITDA INR 10.11 bln, up 31% on year
--Apollo Hosp Q4 health svcs EBITDA INR 7.81 bln vs INR 6.86 bln year ago
--Apollo Hosp arm HealthCo Q4 revenue INR 28.48 bln vs INR 23.76 bln yr ago
--Apollo Hosp arm HealthCo Q4 EBITDA INR 1.56 bln vs INR 360 mln year ago
--Apollo Hosp arm Health, Lifestyle Q4 revenue INR 4.89 bln vs INR 3.94 bln
--Apollo Hosp arm Health, Lifestyle Q4 EBITDA INR 750 mln vs INR 470 mln
--Apollo Hosp Q4 hospitals ops occupancy rate 68% vs 67% year ago
--Apollo Hosp operating beds at 8,131 on Mar 31
--Apollo Hosp arm HealthCo net added 176 stores Q4, total stores at 7,289
--Apollo Hospitals expects to list pharmacy, digital health entity by Q4 FY27
By Gunjan Rajput
NEW DELHI – Apollo Hospitals Enterprise Ltd. reported a sharp year-on-year rise in its consolidated net profit for the March quarter, boosted by a strong growth across hospital operations and digital health and pharmacy business HealthCo. Its bottom line rose year-on-year for the third consecutive quarter, while the growth in top line during the quarter was the highest in 12 quarters.
The company's consolidated net profit for the quarter rose nearly 36% on year to INR 5.29 billion from INR 3.90 billion a year ago, beating analysts' estimate of INR 4.75 billion. The consolidated revenue rose over 18% to INR 66.06 billion from INR 55.92 billion a year ago, higher than analysts' estimate of INR 64.52 billion.
The consolidated earnings before interest, tax, depreciation, and amortisation rose 31% on year to INR 10.11 billion in the reporting quarter. "Apollo Hospitals reported strong growth in revenue and EBITDA across all three business verticals, as well as at the consolidated level, reflecting sustained operational momentum and resilient demand across healthcare services," the company said in the press release.
The digital health platform subsidiary Apollo HealthCo's revenue rose nearly 20% to INR 28.48 billion for the March quarter from INR 23.76 billion a year ago. The EBITDA from HealthCo surged to INR 1.56 billion from INR 360 million a year ago. Apollo Hospitals said HealthCo added 176 stores in the March quarter, taking the total store count to 7,289. The company expects to list the pharmacy and digital health business by the March quarter of the financial year 2026-27 (Apr-Mar).
"The proposed demerger of our pharmacy and digital health businesses is a strategic step towards enabling sharper focus, accelerated growth, and long-term value creation. Subject to the completion of regulatory and stakeholder processes, the new entity is progressing towards a potential listing by Q4 (March quarter) FY27," the company said in its press release.
The company's revenue from the healthcare services segment, which includes the hospital business, rose over 17% on year to INR 33.34 billion, while EBITDA from the segment increased to INR 7.81 billion from INR 6.86 billion. The hospital operations occupancy rate stood at 68% during the quarter compared with 67% a year ago. The company had 8,131 operating beds as of Mar 31.
Within the healthcare services segment, the Tamil Nadu cluster reported a 14% revenue growth in the March quarter, while the Andhra Pradesh and Telangana regions posted a 21% growth. Revenue in the Karnataka and eastern regions rose 17% and 16%, respectively. The western region recorded 19% growth in revenue during the March quarter, while the northern region posted 11% growth.
Apollo Hospitals' subsidiary Apollo Health and Lifestyle Ltd.'s revenue rose 24% on year to INR 4.89 billion from INR 3.94 billion a year ago. EBITDA for the segment increased to INR 750 million from INR 470 million. Separately, Apollo Hospitals has approved the merger of its wholly owned subsidiary, Apollo Hospitals North Ltd., with the company.
For FY26, Apollo Hospitals consolidated net profit rose over 34% on year to INR 19.42 billion against INR 14.46 billion a year ago, while revenue rose nearly 16% to INR 252.29 billion from INR 217.94 billion. The board recommended a final dividend of INR 10 per share for FY26. The record date for the dividend has been fixed as Aug. 14.
The company announced its results post-market hours. Wednesday, shares of the company ended at INR 8,078.50 on the National Stock Exchange, up 0.6%. End
Edited by Akul Nishant Akhoury
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
