Manipal Health Reports Q1 FY27 Results

Manipal Health reported its Q1 FY27 financial results, with revenue and EBITDA recording strong year-on-year growth, while net profit declined during the quarter. Key Highlights • Revenue: ₹3,091 crore, up 38.1% YoY from ₹2,238 crore. • EBITDA: ₹736.5 crore, up 25.6% YoY from ₹586.5 crore. • Net Profit: ₹231 crore, down 7.7% YoY from ₹250 crore. • EBITDA Margin: 23.8%, compared with 26.2% in the year-ago period. What The Numbers Show The company delivered strong revenue growth during the quarter, with revenue increasing by 38.1% YoY. EBITDA also grew by 25.6% YoY, indicating higher operating earnings compared with the corresponding period last year. However, the growth in EBITDA was lower than the growth in revenue, resulting in EBITDA margin declining to 23.8% from 26.2% YoY. Despite the improvement in operating performance, net profit declined 7.7% YoY to ₹231 crore, compared with ₹250 crore in the same period last year. The Q1 results therefore present a mixed picture, with strong revenue growth and higher EBITDA, but pressure on margins and a decline in net profit.