New Delhi, Nov 13 (PTI) Park Medi World on Friday reported a 30.81 per cent decline in consolidated net profit to Rs 54.45 crore in the September quarter owing to a steep rise in expenses.

     The company had posted a profit of Rs 78.7 crore in the corresponding period last year.

     Its revenue from operations rose to Rs 511.02 crore -- its highest ever in a quarter -- during the second quarter of FY27 from Rs 410.2 crore a year ago, the company said in a release.

     During the first half of the current fiscal year, the hospital chain's revenue from operations rose to Rs 986.73 crore from Rs 808.97 crore in H1, FY26, as per the filing.

     "H1 FY27 has been a period of record growth and significant investment for Park Medi World. We treated more than half a million patients and delivered our highest-ever half yearly revenue of Rs 9,867 million (Rs 986.7 crore), up 22 per cent YoY, with Q2 revenue rising 25 per cent to a record Rs 5,110 mn (Rs 511 crore)," Park Medi World Chairman Ajit Gupta said.

     The company's expenses also surged to Rs 444.24 crore during the quarter under review from Rs 326.89 crore a year earlier, it said.

     "... we added 680 beds in just six months through Rudrapur and Panchkula, taking our capacity to 4,290 beds," Park Medi World Managing Director Ankit Gupta added.

     Shares of the company were trading 3.45 per cent down at Rs 247.55 apiece on the BSE.

(This story has not been edited by THE WEEK and is auto-generated from PTI)
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