Fortis Healthcare Shares Surge to 52-Week High on Strong Q1 Earnings
Fortis Healthcare Ltd. shares climbed more than 5% to a record high after reporting a 57% year-on-year jump in quarterly net profit. The hospital chain's consolidated net profit reached ₹260.28 crore ($31 million) in Q1 FY26, up from ₹166 crore in the same period last year.
Revenue grew 16.5% to ₹2,166.72 crore, with hospital operations contributing ₹1,838 crore - an 18.6% increase. EBITDA margins expanded to 22.1% from 18.5% in Q1 FY25, reflecting improved operational efficiency.
The company's net debt stood at ₹1,869 crore as of June 30, 2025, primarily due to financing recent acquisitions including a strategic stake in Agilus Diagnostics. Management expressed confidence in maintaining growth momentum across both hospital and diagnostic businesses.
