Global Health Q1 FY26 Results (NSE: MEDANTA)

· Analysis by Alpha Inflection

Signal: Margin pressure

Global Health Q1 FY26 key financials
MetricValueYoYQoQ
Revenue₹130.41 Cr26.5%12.6%
EBIT₹109.17 Cr30.4%
Net profit₹15.87 Cr-0.1%
EPS₹5.91-0.2%
EBIT margin21.9%

P&L walk

Strong revenue growth of +26.5% YoY was offset by structural cost increases: retainers & consultants (+47% YoY), depreciation (+53% YoY from new beds) and finance costs (+94% YoY), leaving PAT flat YoY despite the exceptional gain (₹196 Cr) in the year-ago quarter being absent.

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