Manipal Hospitals posts ₹3,091Cr Q1, EBITDA climbs 26% YoY

Manipal Hospitals reported ₹3,091Cr in Q1FY27 revenue with 26% EBITDA growth and inpatient/outpatient volumes rising 38.8% and 26% respectively; occupancy improved 290 bps YoY to 65%. Hospital operators should track volume-driven margin expansion: once occupancy crosses 60%, unit economics shift from fixed-cost heavy to utilisation-driven profitability. Expansion into tier-2 cities is now viable.

Source: ET HealthWorld ↗