Apollo Hospitals Reports Strong Q4FY26 Results

Apollo Hospitals Enterprise Ltd announced robust financial results for the fourth quarter and full year ended March 31, 2026. Consolidated revenue increased by 18% year-on-year to ₹6,605 Crore, while consolidated profit after tax (PAT) surged by 36% year-on-year to ₹529 Crore.

For the full fiscal year (YTD MAR FY26), consolidated revenue grew 16% year-on-year to ₹25,229 Crore, and PAT rose 34% year-on-year to ₹1,942 Crore.

Dividend and Leadership

The Board of Directors has recommended a final dividend of ₹10 per equity share for FY26, pending shareholder approval at the Annual General Meeting on August 25, 2026. The record date for the dividend is August 14, 2026.

Key leadership updates include the re-appointment of Dr. Prathap C Reddy as Executive Chairman and Ms. Rama Bijapurkar as Independent Director.

Strategic Moves

This strong financial performance is complemented by strategic corporate actions. The company's board approved the merger of its subsidiary, Apollo Hospitals North Ltd, into the parent company. This aims to streamline operations and enhance cost efficiencies.

Furthermore, Apollo has approved the divestiture of stakes in Apollo Specialty Hospitals and Apollo Fertility Centre to Kids Clinic India Limited for approximately ₹1,550 Crore. These entities will no longer be subsidiaries post-transaction, though Apollo Health and Lifestyle Limited will retain a 9.9% stake in the combined Kids Clinic India Limited entity. The transaction is targeted for completion by October 31, 2026.

Outlook and Risks

These strategic moves are contingent on securing necessary regulatory approvals, including from the Competition Commission of India (CCI). Delays in these approvals could affect the execution timeline.

The company is also monitoring the finalization of Labour Codes and is involved in a land dispute with the Karnataka Revenue Department, though it remains optimistic about a favorable resolution.

Apollo Hospitals holds a strong credit rating of AAA/A1+ from ICRA, reflecting its financial stability.