Kovai Medical Center Posts 17% Profit Growth, Recommends ₹15 Dividend

HEALTHCAREBIOTECH
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AuthorAarav Shah|Published at:
Kovai Medical Center Posts 17% Profit Growth, Recommends ₹15 Dividend
Overview

Kovai Medical Center & Hospital Ltd announced a 17% increase in net profit for fiscal year 2026, reaching ₹244.46 crore. The company also recommended a final dividend of ₹15 per share. Revenue grew by 15.76% to ₹1,585.64 crore.

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Kovai Medical Center & Hospital Ltd Annual Results

Kovai Medical Center & Hospital Ltd reported strong financial performance for the fiscal year 2026. Revenue from operations increased by 15.76% to ₹1,585.64 crore, up from ₹1,369.74 crore in the previous year. The company's net profit saw a substantial rise of 17%, reaching ₹244.46 crore. Correspondingly, earnings per share (EPS) grew to ₹223.41 from ₹190.95 in FY25.

The company's board recommended a final dividend of ₹15 per share. Management clarified that a previously noted tax expense correction was due to an arithmetical error.

Key Financial Highlights:

  • Revenue FY26: ₹1,585.64 crore (up 15.76% from FY25)
  • Net Profit FY26: ₹244.46 crore (up 17% from FY25)
  • EPS FY26: ₹223.41 (up from ₹190.95 in FY25)
  • Recommended Final Dividend: ₹15 per share

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