Max Healthcare Q3 FY26: PAT up 26% YoY, revenue grows 11%

Revenue Growth 20pctPat Growth 25pctExceptional ItemResults View source PDF Explain this filing

MAXHEALTH · price

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Price reactionminutes from the announcement price · days from the prior close

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₹1022.50

prior close

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announcement price

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Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.5%+2.0% vs market

Hospital peers, median of 22sector-0.7%+2.3% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty 100 and 2.3 pts more than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Max Healthcare reported Q3 FY26 consolidated revenue of Rs 2,067.5 crores (up 10.6% YoY) and PAT of Rs 300.9 crores (up 26% YoY). 9M FY26 revenue rose 21.7% to Rs 6,230.6 crores with PAT up 45% to Rs 1,100.2 crores. Exceptional items of Rs 48.2 crores include Rs 33.9 crores for new Labour Codes and Rs 14.3 crores stamp duty provision on merger. Board approved adding 260 beds at Max Dwarka via services agreement amendment with Rs 25 crores refundable deposit funded internally. Auditor issued unmodified review report.

Likely market impact

Strong Q3 with revenue up 11% and PAT up 26% YoY. Bed expansion at Dwarka supports future growth. Labour Code charge is one-time.