Kochi: Aster DM Quality Care Limited, one of India’s leading integrated healthcare providers, reported a robust financial performance for Q2 FY27, its first full quarter as a combined entity following the merger of Aster DM Healthcare and Quality Care India. Revenue grew 19% year-on-year to ₹2,829 crore, while normalized Profit After Tax (PAT) increased 34% to ₹281 crore. Return on Capital Employed (ROCE) improved by 152 basis points to 23%.
The company served 2.2 million patients during the quarter, registering 12% growth, while hospital occupancy improved by 335 basis points to 68%. Growth in complex clinical procedures was particularly encouraging, with robotic surgeries increasing by 39%, kidney transplants by 31% and joint replacements by 29%. Medical Value Travel (MVT) volumes rose 31%, with MVT revenue registering 36% growth, driven by demand from the Maldives and GCC markets. The emerging hospitals portfolio, including Kasaragod and Nagercoil, recorded strong growth of 61% during the quarter, reflecting their increasing contribution to the network.
Commenting on the performance, Dr. Azad Moopen, Executive Chairman, said the company had made significant progress in integrating its operations during its first 100 days as a combined entity. He highlighted the growth of emerging hospitals, strengthening of clinical capabilities and quality standards, and the company’s continued investments in infrastructure, technology and sustainable healthcare.
Mr. Varun Khanna, Managing Director and Group CEO, said the strong performance reflected the commitment of teams across the combined network in bringing together people, processes and systems while maintaining operational excellence and quality patient care. He also highlighted the expansion of specialized clinical services and the launch of three Centres of Excellence in robotic spine care, oncology and fetal medicine.
During the quarter, CARE Hospitals, HITEC City, Hyderabad, received JCI accreditation, while MIMS Kasaragod secured NABH accreditation within a year of commencing operations. The network also recorded notable clinical milestones, including the first adaptive Deep Brain Stimulation procedure at CARE Banjara, Hyderabad, and Kerala’s first liquid nitrogen cryoablation procedure for breast fibroadenomas at Aster Medcity, Kochi. Looking ahead, the company will focus on expanding its network, strengthening high-end specialties, augmenting capacity and progressing the Aster Trivandrum project towards commissioning. Aster DM Quality Care Limited operates a network of 38 hospitals across 27 cities, with over 10,840 beds, bringing together the healthcare brands Aster DM, CARE Hospitals, Evercare and KIMSHEALTH.
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