Aster DM Quality Care Q2 revenue rises 19% to Rs 2,829 cr

Bengaluru: Aster DM Quality Care reported a 34% year-on-year growth in normalised profit after tax (PAT) at Rs 281 crore for the second quarter of FY27, while revenue rose 19% to Rs 2,829 crore.The September quarter was the company’s first full quarter as a combined entity following the merger of Aster DM Healthcare and Quality Care India, effective July 1.The company served 2.2 million patients during the quarter, registering a 12% year-on-year increase. Hospital occupancy improved by 335 basis points to 68%, from 65% a year ago, reflecting higher patient volumes and improved utilisation.Growth was also driven by an increase in complex clinical procedures. Robotic surgeries rose 39%, kidney transplants increased 31% and joint replacements grew 29%. Medical Value Travel (MVT) volumes increased 31%, while MVT revenue grew 36%, led by demand from the Maldives and Gulf Cooperation Council markets.The emerging hospitals portfolio, including Kasargod and Nagercoil, recorded strong growth, with revenue increasing 61% year-on-year, according to the company.Aster DM Quality Care executive chairman Dr Azad Moopen said the company had completed its first 100 days as a combined entity and was focused on integrating operations while strengthening clinical capabilities.Managing director and group CEO Varun Khanna said higher volumes, greater clinical complexity and a favourable payer mix contributed to revenue growth. The company will focus on expanding high-end specialties, adding capacity across geographies and strengthening clinical talent.The company operates 38 hospitals across 27 cities, with more than 10,840 beds.You use AI every day. Now get your AI Quotient. Take the AIQ test.