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Fortis Healthcare Reports ₹2,735 Crore Revenue and ₹317 Crore PAT in Q2 FY27 Alongside Strategic Hospital Expansion

Acquires Bengaluru's Suguna Hospital for ₹277 Crores and Signs 29-Year Healthcare Services Agreement for 400+ Bed Hospital in New Delhi

Fortis Healthcare reports consolidated revenue of ₹2,735 crores and PAT of ₹317 crores for Q2 FY27, reflecting growth driven by hospital and diagnostics businesses. The company acquired Suguna Hospital in Bengaluru for ₹277 crores and entered a 29-year healthcare services agreement for a 400+ bed hospital in Delhi, expanding its operational capacity and presence.

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Fortis Healthcare LimitedFORTISInvestor Presentation

Fortis Healthcare Limited

Investor Presentation

Fortis Healthcare Limited posted consolidated revenue of ₹2,735 crores and a profit after tax (PAT) of ₹317 crores for the second quarter of fiscal year 2027. Key growth drivers included its hospital and diagnostics businesses, supported by recent strategic acquisitions and agreements to increase its bed capacity and healthcare service offerings.

The hospital segment revenue increased by 18.6% to ₹2,340 crores compared to ₹1,974 crores in Q2 FY26, with a PAT of ₹281 crores and a margin of 12.0%. Average revenue per inpatient rose 6.8% to ₹2.10 lakhs compared to ₹1.96 lakhs in the previous year period, and occupancy improved slightly to 72%.

The diagnostics business recorded gross revenues of ₹448 crores, a 12.2% rise year-over-year, with a PAT margin of 15.2%.

Fortis expanded its hospital footprint through the acquisition of Suguna Hospital, a 110-bedded facility in Rajajinagar, Bengaluru, for approximately ₹277 crores. This adds substantial operating beds to its Bengaluru presence with the potential to expand to 150 beds.

Additionally, via its wholly owned subsidiary, Fortis entered a 29-year healthcare services agreement with Seth Sunder Lal Jain Charitable Eye Hospital to provide inpatient healthcare services at a new 400+ bed super-specialty hospital in Ashok Vihar, New Delhi. The facility's operations are planned to start in 3-4 years, subject to approvals, and development will proceed in phases.

Highlights

  • Consolidated revenue for Q2 FY27 reached ₹2,735 crores, a 17.3% increase year-over-year.
  • Net profit after tax (PAT) was ₹317 crores, rising 6.8% year-over-year.
  • Hospital business revenue rose 18.6% to ₹2,340 crores with a 12.0% PAT margin.
  • Diagnostics segment gross revenues grew 12.2% to ₹448 crores, with a PAT margin of 15.2%.
  • Acquired Suguna Hospital in Bengaluru for ₹277 crores to strengthen regional presence with ~1,000 operational beds.
  • Signed a 29-year healthcare services agreement for a new 400+ bed hospital in New Delhi, with operations expected to commence within 3-4 years.

Key Data Snapshot

Q2 FY27 Consolidated Revenue2,735 Crores
Q2 FY27 Consolidated PAT317 Crores
Hospital Business Revenue Q2 FY272,340 Crores
Hospital Business PAT Q2 FY27281 Crores
Hospital Business PAT Margin Q2 FY2712.0%
Average Revenue per IP Patient Q2 FY272.10 Lakhs
Diagnostics Business Gross Revenue Q2 FY27448 Crores
Diagnostics Business PAT Margin Q2 FY2715.2%
Suguna Hospital Acquisition Cost277 Crores
Net Debt as on September 30, 20262,188 Crores
Net Debt to EBITDA Ratio0.87x

What happened

  • Fortis Healthcare reported a consolidated revenue of ₹2,735 crores and PAT of ₹317 crores for Q2 FY27.
  • The company expanded its hospital network by acquiring Suguna Hospital in Bengaluru for ₹277 crores.
  • Entered a long-term healthcare services agreement to operate a new 400+ bed hospital in New Delhi starting within 3-4 years.
  • Hospital business revenues increased by 18.6% year-over-year with improved occupancy and ARPP.
  • Diagnostics business grew revenue by 12.2%, maintaining a stable PAT margin.

Key details

  • Suguna Hospital is a 110-bedded facility located in Rajajinagar, Bengaluru, with potential expansion to 150 beds.
  • The 29-year agreement in New Delhi covers healthcare services, clinical manpower, and specialized equipment, while infrastructure is owned by the partner society.
  • The hospital segment’s occupancy rate in Q2 FY27 was 72%, up from 71% in the previous year.
  • Net debt stood at ₹2,188 crores as of September 30, 2026, with a net debt to EBITDA ratio of 0.87x, indicating manageable leverage.
  • ARPP for hospital business increased from ₹1.96 lakhs to ₹2.10 lakhs year-over-year.

Financial performance

  • Consolidated PAT margin improved to 11.6% in Q2 FY27 from 10.3% in the previous quarter.
  • Hospital business PAT increased by 6.6% despite a slight margin dip from 13.4% in Q2 FY26 to 12.0% in Q2 FY27.
  • Diagnostics business maintained a PAT margin of 15.2%, slightly higher than the 14.8% in Q2 FY26.
  • Consolidated revenue for H1 FY27 reached ₹5,280 crores with PAT of ₹783 crores, showing increases of 17.4% and 5.8% respectively year-over-year.

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Fortis Healthcare Reports ₹2,735 Crore Revenue and ₹317 | Stockk News