Max Healthcare reported network profit of ₹448 crore in Q2 FY27, supported by 20% growth in gross revenue.
Max Healthcare Institute Ltd reported a 10.34 per cent increase in network profit after tax to ₹448 crore for the September quarter of FY27, compared with ₹406 crore in the corresponding period last year.
The hospital operator’s network gross revenue increased 20 per cent to ₹3,219 crore during the quarter, primarily driven by an increase in occupied bed days.
Revenue from international patients stood at ₹307 crore, registering 33 per cent growth and contributing around 10 per cent of total hospital revenue.
Free cash flow from operations increased to ₹500 crore, compared with ₹291 crore in the second quarter of FY26.
During the quarter, the company’s board approved capital expenditure of ₹415 crore for adding 209 brownfield beds across its existing hospitals. The expansion includes 85 beds at MSSH Noida, 60 beds at MSSH Vaishali and 64 beds at BLK Max, along with a multi-level parking facility.
For the six months ended September, the company’s total bed capacity stood at 6,184, reflecting 20 per cent year-on-year growth.
Network revenue for the half-year period increased 18 per cent to ₹6,200 crore, while network profit after tax rose to ₹805 crore from ₹750 crore in the corresponding period last year.
Chairman and Managing Director Abhay Soi said the faster occupancy ramp-up of newly added beds indicated strong demand for the company’s healthcare services.









