Healthcare major Aster DM Healthcare has reported an 18 per cent y-o-y rise in Q4 FY26 revenue to ₹1,182 crore, with operating EBITDA (ex-Kasaragod) up 31 per cent to ₹253 crore. The merger of Aster DM Healthcare and Quality Care India Ltd (QCIL), in partnership with Blackstone, is progressing towards completion in Q1 FY27.
On a proforma basis, Q4 FY26 revenues grew 18 per cent y-o-y to ₹2,361 crore, while operating EBITDA increased 25 per cent y-o-y to ₹517 crore, supported by strong growth in patient volumes and continued margin expansion.
The combined entity will have a capacity of over 10,623 beds across 28 cities, with an additional pipeline of around 4,445 beds, providing visibility to exceed 15,500 beds in the near term.
Commenting on the quarter performance, Azad Moopen, Founder and Chairman said, “Our performance this quarter reflects consistent execution, with revenues growing 18 per cent y-o-y to ₹1,182 crore. Excluding the impact of the newly commissioned Kasaragod facility, operating EBITDA grew 31 per cent y-o-y, with margins improving to 21.7 per cent, driven by operating leverage and disciplined cost management.”
Published on April 30, 2026