Artemis Medicare Services reports 12.7% rise in consolidated revenue for Q1 FY27; Profit jumps 48.3%

Artemis Medicare Services reports 12.7% rise in consolidated revenue for Q1 FY27; Profit jumps 48.3%​

Artemis Medicare Services Ltd has reported its financial results for the first quarter of fiscal year 2027, with the company recording a consolidated increase in revenue from operations and significant growth in profit.

For the quarter ended June 30, 2026, Artemis Medicare Services Ltd registered a revenue from operations of Rs 28,732 Lacs, marking a 12.7% rise compared to the same period in the previous fiscal year.

Consolidated Financial Performance (Q1 FY27 vs Q1 FY26)​

The consolidated performance highlights for Artemis Medicare Services Ltd are presented below:

Hospital Gurgaon Performance Highlights​

The performance of the Artemis hospital in Gurgaon showed strong growth across key metrics compared to Q1 FY26:


Revenue from overseas patients at the Gurgaon hospital increased by 8.6%, reaching Rs 7,651 Lacs from Rs 7,043 Lacs and contributing 27.5% to Revenue from operations.

Quarterly Trends (Q1 FY27 vs Q4 FY26)​

Looking at quarter-on-quarter comparisons against the previous quarter, the company's performance trends are as follows:


The Gurgaon hospital demonstrated consistent operational improvements quarter-on-quarter (QoQ), with revenue from operations rising by 4.1% to Rs 27,849 Lacs against Rs 26,746 Lacs. Bed capacity utilisation stood at 65.7%, up from 64.6%.

Management Commentary and Strategic Expansion​

Onkar Kanwar, Chairman of Artemis Medicare Services Ltd, commented on the results, stating that the company commenced FY27 with a strong note, delivering consistent growth across financial and operating metrics. He noted that this robust performance reflects the resilience and disciplined execution of the business model.

Mr. Kanwar highlighted the continued good performance of the flagship Gurugram hospital, supported by improved occupancy and higher average revenue per occupied bed (ARPOB), alongside sustained demand for specialized clinical services. A key milestone mentioned was the commencement of operations at the Raipur hospital in July 2026, marking a significant step in expanding Artemis' presence into high-growth markets beyond its flagship center.

Dr. Devlina Chakravarty, Managing Director, added that Q1 FY27 reflected operational strategy strength through healthy revenue growth, improved margins, and strong profitability. She stressed that the focus on clinical quality and disciplined cost management enabled financial enhancement while keeping patient care central to operations. Dr. Chakravarty also confirmed the start of operations at the Raipur hospital in July 2026, noting that this facility will be instrumental in strengthening specialized services and establishing a trusted healthcare destination in Central India as it ramps up.

Artemis Medicare Services Ltd operates over 800 beds predominantly in the Delhi NCR region, including a 700+ bed quaternary care super speciality hospital. The company also maintains a joint venture with Philips under the Artemis Cardiac Care brand and has an operational presence in Mauritius through an operations and management arrangement.

ARTEMISMED Stock Price Movement​

Artemis Medicare Services Limited stock closed today in solid gains, climbing by 1.21% to settle at ₹302.2.The shares saw robust activity with a traded volume of 261,601, reflecting a strong performance near the company's annual high range.