NSEPress Release21h ago · 30 Oct 2026, 06:17 pm
Press Release
Artemis Medicare Services Limited · ARTEMISMED
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Artemis Medicare Services Limited has announced its Q2 FY27 financial results, with consolidated revenue from operations up 13.2% year-on-year, and adjusted EBITDA up 22.7%. The company's Gurugram operations recorded revenue growth of 14.5% year-on-year, with improved occupancy and operating profitability.
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Full Announcement
Artemis Medicare Services Limited has informed the Exchange regarding a press release dated October 30, 2026, titled "Artemis Consolidated Revenue from Operations up 13.2% in Q2 FY27 (YoY); Adj. EBITDA* up 22.7%; EBITDA up 7.9%; Net Profit up 3.7%".
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ARTEMISMED_30102026181708_Disclosure_Press_Release_30_10_2026.pdf
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October 30, 2026
Listing Department, Listing Department,
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers,
Bandra (E), Dalal Street,
Mumbai – 400 051 Mumbai – 400 001
NSE Symbol: ARTEMISMED Scrip Code: 542919
Sub: Press Release
Dear Sir/Ma’am,
With reference to the captioned subject, please find attached herewith a press release regarding financial
results for the quarter/ half year ended September 30, 2026, being issued by the Company.
This is for your information and records.
Thanking you,
Yours faithfully,
For Artemis Medicare Services Limited
Poonam Makkar
Company Secretary & Compliance Officer
Encl.: As above
Media Release
Artemis’ Consolidated Revenue from Operations up 13.2%
in Q2 FY27 (YoY); Adj. EBITDA* up 22.7%; EBITDA up 7.9%;
Net Profit up 3.7%
October 30, 2026: The Board of Directors of Artemis Medicare Services Ltd today approved the
company’s financial results for the Q2 FY27.
For the quarter ended September 30, 2026, Artemis Medicare Services Ltd, on a consolidated
level, registered a revenue from operations of Rs 31,104 Lacs, an increase of 13.2% over the
same period last fiscal year.
YoY Artemis Hospital Gurgaon Performance Highlights
Q2 FY27 vs Q2 FY26
• Revenue from operations up by 14.5% at Rs 29,844 Lacs, against Rs 26,059 Lacs
• EBITDA of Rs 7,096 Lacs against Rs 5,828 Lacs, growth of 21.8%
• PAT of Rs 4,043 Lacs against Rs 3,210 Lacs, growth of 25.9%
• Bed capacity utilisation stood at 68.1% against 64.1%
• Average revenue per occupied bed (ARPOB) at Rs 86,631, against Rs 81,248
• Revenue from overseas patients increased by 7.6% to Rs 8,877 Lacs from Rs 8,249 Lacs,
contributing 29.7% to Revenue from operations
YoY Consolidated Performance Highlights
Q2 FY27 vs Q2 FY26
• Revenue from operations up by 13.2% at Rs 31,104 Lacs, against Rs 27,470 Lacs
• EBITDA of Rs 6,289 Lacs against Rs 5,827 Lacs, growth of 7.9%
• Adjusted EBITDA* of Rs 7,150 Lacs against Rs 5,827 Lacs, growth of 22.7%
• PAT of Rs 3,110 Lacs against Rs 3,000 Lacs, growth of 3.7%
• Diluted EPS of Rs 1.96 against Rs 1.89, growth of 3.7%
QoQ Artemis Hospital Gurgaon Performance Highlights
Q2 FY27 vs Q1 FY27
• Revenue from operations up by 7.2% at Rs 29,844 Lacs, against Rs 27,849 Lacs
• EBITDA of Rs 7,096 Lacs against Rs 6,163 Lacs, growth of 15.1%
• PAT of Rs 4,043 Lacs against Rs 3,306 Lacs, growth of 22.3%
• Bed capacity utilisation stood at 68.1% against 65.7%
• Average revenue per occupied bed (ARPOB) at Rs 86,631 against Rs 85,690
• Revenue from overseas patients increased by 16.0% to Rs 8,877 Lacs from Rs 7,651 Lacs,
contributing 29.7% to Revenue from operations
QoQ Consolidated Performance Highlights
Q2 FY27 vs Q1 FY27
• Revenue from operations up by 8.3% at Rs 31,104 Lacs, against Rs 28,732 Lacs
• EBITDA of Rs 6,289 Lacs against Rs 6,182 Lacs, growth of 1.7%
• Adjusted EBITDA* of Rs 7,150 Lacs against Rs 6,182 Lacs, growth of 15.7%
• PAT of Rs 3,110 Lacs against Rs 3,144 Lacs, degrowth of 1.1%
• Diluted EPS of Rs. 1.96 against Rs 1.98, degrowth of 1.0%
* Adj. EBITDA excluding the performance of Raipur Unit launched in July-2026
Media Release
Commenting on the company’s performance, Mr. Onkar Kanwar, Chairman, Artemis
Medicare Services Ltd said “We have delivered a steady performance in the second quarter
of FY27, with consolidated revenue growing 13.0% year-on-year. This reflects the resilience of
our business model, sustained demand for quality healthcare services, and our continued
focus on disciplined execution.
The commencement of operations at our Raipur hospital in July 2026 marks an important
milestone in Artemis’ growth journey, expanding our presence into new markets and extending
access to advanced healthcare services beyond our established Gurugram centre. As we
build out our healthcare platform, we remain committed to a calibrated approach to
expansion, with a focus on clinical excellence, operational sustainability, and prudent capital
allocation.
Looking ahead, we will continue to strengthen our core operations while progressing our
strategic expansion plans. With a clear long-term vision and an unwavering commitment to
quality healthcare, we remain focused on building a resilient healthcare platform that creates
sustainable value for our patients, employees, stakeholders, and shareholders.”
Dr. Devlina Chakravarty, Managing Director, Artemis Medicare Services Ltd mentioned “The
second quarter of FY27 reflects continued momentum in our core Gurugram operations,
supported by healthy revenue growth, improved occupancy, and stronger operating
profitability. The hospital recorded year-on-year revenue growth of 14.5%, while Ops. EBITDA
and PAT grew by 26.3% and 25.9%, respectively. Improved bed occupancy of 68.1% and
higher average revenue per occupied bed further demonstrate the strength of our operating
performance and the sustained demand for our specialised clinical services.
At the consolidated level, revenue from operations grew 13.2% year-on-year, while Adjusted
EBITDA* increased by 22.7%, reflecting underlying operating progress. Our priorities remain
centred on enhancing operational efficiencies, maintaining disciplined cost management,
strengthening clinical capabilities, and delivering consistently high standards of patient care.
With the commencement of operations at our Raipur hospital in July 2026, we have entered
an important new phase of expansion. Our focus is now on progressively building clinical
capabilities, expanding specialised services, and establishing the facility as a trusted
destination for advanced healthcare in Central India. Going forward, we will continue to
strengthen our existing operations and pursue measured expansion, with the objective of
building a future-ready healthcare platform that delivers superior clinical outcomes and
sustainable long-term value for all our stakeholders.”
For further information, please contact:
Sanjiv K Kothari, Rudra Narayan Acharjee, Simran Malhotra / Sanket Vangule,
Chief Financial Officer Head-Investor Relations, M&A, Org Churchgate Partners
Artemis Medicare Services Ltd. Growth Artemis Medicare Services Ltd.
Artemis Medicare Services Ltd.
+91 124 4511 111 +91 124 4511 111 +91 22 6169 5988
Sanjiv.kothari@artemishospitals.com rudra.acharjee@artemishospitals.com Artemisteam@churchgatepartners.com
About Artemis Medicare Services Ltd
Artemis Medicare Services Ltd operates 800+ beds predominantly in the Delhi NCR region, including a 700+ bed
quaternary care, super speciality hospital accredited by JCI and NABH. Additionally, the Company runs a JV with
Philips under the Artemis Cardiac Care brand. Artemis also has overseas presence in Mauritius through an operations
and management arrangement.
Artemis Medicare Services Ltd., Sector 51, Gurugram 122001, India, T: +91 124 4511 111
www.artemishospitals.com | www.facebook.com/ArtemisHospitals | www.linkedin.com/company/artemishospital