Board approves Q2 results, a wholly owned subsidiary and ₹150 crore Pune land deal
Board meeting of October 23, 2026 approved the unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, with limited review reports.
By ScoutQuest · · 2 min read
- Q2 revenue from operations (standalone)
- ₹3,645.97 million vs ₹3,158.16 million a year ago
- Q2 net profit (standalone)
- ₹514.54 million vs ₹546.03 million
- Half year revenue / net profit
- Revenue ₹6,930.82 million; net profit ₹886.43 million
The board met on October 23, 2026 and approved three items: the unaudited results for the quarter and half year ended September 30, 2026, the incorporation of a wholly owned subsidiary, and a sale agreement for land on lease in Pune.
Quarter ended September 30, 2026 (standalone)
- Revenue from operations was ₹3,645.97 million, against ₹3,158.16 million in the same quarter a year earlier.
- Net profit was ₹514.54 million, against ₹546.03 million a year earlier.
- Revenue therefore rose year on year, while profit after tax was lower than the year-ago quarter.
- The joint statutory auditors' limited review report states that nothing came to their attention that would suggest the statement contains a material misstatement.
Half year, April to September 2026 (standalone)
- Revenue from operations was ₹6,930.82 million, higher than the year-ago half year.
- Net profit was ₹886.43 million, lower than the year-ago half year.
Why revenue and profit moved differently
The statement shows total expenses for the quarter above the year-ago figure, with employee benefit expense and depreciation both higher than a year earlier. That is why growth in revenue from operations did not carry through to profit after tax in either the quarter or the half year.
New wholly owned subsidiary
- The board approved the incorporation of a wholly owned subsidiary of the company.
Pune land
- Further to an announcement dated February 22, 2026, the company is entering into a sale agreement for the acquisition of land on lease at South Pune.
- The land admeasures about 11,452.07 square metres, at Village Pune City (Bibvewadi), District Pune.
- The total consideration is ₹150 Crores.
Other points from the update
- A share split was carried out during the year, and earnings per share for earlier periods has been adjusted to the new share base.
- The proposed merger of Medulla Healthcare Private Limited, a direct wholly owned subsidiary, into the company with effect from April 1, 2025 is pending sanction of the National Company Law Tribunal, Mumbai.
How to read it
This is a combined update — an earnings release, a corporate-structure step and a capital commitment. The results are unaudited and have been subjected to a limited review rather than a full audit. The two things a reader can weigh side by side are the half year's revenue and profit figures, and the ₹150 Crores the company has committed for the Pune land. The share split explains why the earnings per share printed in the statement is on a smaller face value than before, and comparisons with earlier periods are on the same adjusted basis.
Also from Jupiter Life Line Hospitals
Jupiter Hospital Q2FY27 total income up 16.0% to Rs 456.5 cr; board approves Rs 150 cr Pune South land purchase
23 Oct 2026
Sale agreement for ~11,452.07 sq m land in Pune at ₹150 Crores; Board also approves Q2 results
23 Oct 2026
Board approves Q2 results, new wholly owned subsidiary and ₹150 crore land purchase agreement in Pune
23 Oct 2026
More numbers
- Revenue from operations, Q2 FY27 (standalone)3,645.97 (₹ in Million)
- Revenue from operations, Q2 FY26 (standalone)3,158.16 (₹ in Million)
- Net profit for the period, Q2 FY27 (standalone)514.54 (₹ in Million)
- Net profit for the period, Q2 FY26 (standalone)546.03 (₹ in Million)
- Revenue from operations, half year ended Sept 30, 2026 (standalone)6,930.82 (₹ in Million)
- Net profit for the period, half year ended Sept 30, 2026 (standalone)886.43 (₹ in Million)
- Total consideration for Pune land on lease₹150 Crores
- Land area, Village Pune City (Bibvewadi), District Pune11,452.07 square metres
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