Crisil revises Metropolis outlook to positive

Crisil revises Metropolis outlook to positive reaffirms 'AA-' rating

SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826 The rating agency also reaffirmed its short-term bank facility rating at 'Crisil A1+', according to a note from Crisil Ratings. Crisil said the outlook revision reflects the expected improvement in organic revenue growth, profitability, and cash accruals, along with a meaningful turnaround in its recent acquisition, Core Diagnostics Pvt Ltd. Higher utilisation of the expanded laboratory network, a favourable test mix, and better profitability at Core Diagnostics are expected to support healthy operating margins over the medium term, the agency noted. According to the rating agency, MHL's revenue increased 24 per cent to ₹1,646 crore in FY26, driven by higher patient volumes and specialised diagnostic and wellness tests under the 'TruHealth' brand. Revenue growth continued at a healthy 16.6 per cent in the first quarter of FY27. Recent acquisitions also expanded the company's footprint in north India, raising its contribution to domestic revenue to 17 per cent from 9 per cent, it said. All this is for information This is not a buy/sell recommendation. Thank you, Technofunda24