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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Apollo Hospitals
Apollo Hospitals (APOLLOHOSP) investor relations material
Apollo Hospitals Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary5 Nov, 2026
Executive summary
Q2 FY27 consolidated revenue rose 23% YoY to ₹76,149m; EBITDA increased 29% to ₹11,910m and reported PAT grew 32% to ₹6,301m.
H1 FY27 revenue grew 22% to ₹145,468m, EBITDA rose 29% to ₹22,678m and reported PAT increased 33% to ₹12,106m.
Growth spanned Healthcare Services, HealthCo and AHLL, supported by hospital activity, clinical demand and continued capacity investment.
Financial highlights
Q2 consolidated EBITDA margin was 15.6%, versus 14.9% in Q2 FY26; EBIT was ₹9,607m and PBT ₹9,082m.
H1 consolidated EBITDA margin was 15.6%, versus 14.8% in H1 FY26; EBIT was ₹18,152m and PBT ₹17,069m.
Q2 and H1 Apollo 24/7 costs were ₹91 crore and ₹182 crore, respectively, including non-cash ESOP charges of ₹14 crore and ₹24 crore.
Segment performance
Healthcare Services Q2 revenue rose 23% to ₹38,998m and EBITDA grew 20% to ₹9,365m; established-unit EBITDA margin was 25.8%.
Inpatient volume grew 14% in Q2, occupancy reached 73%, and average revenue per patient rose 8% to ₹1,86,880; international patient revenue grew 37%.
HealthCo Q2 revenue was ₹32,857m and EBITDA ₹1,930m; Apollo 24/7 generated ₹13m pre-ESOP cash profit.
AHLL Q2 revenue rose 20% to ₹4,294m and EBITDA increased 79% to ₹615m, led by Diagnostics growth of 24%.
New hospitals generated Q2 revenue of ₹135 crore and recorded an EBITDA loss of ₹35 crore during ramp-up.
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Latest events from Apollo Hospitals
- Higher FY97 revenue and 300 added beds came with expansion funding needs and audit risks.APOLLOHOSP
Q4 96/97 - Turnover grew, but higher financing costs and depreciation cut FY98 profit.APOLLOHOSPQ4 97/98
- Revenue grew 13.62%, profit rose 8.35%, and preventive care expanded.APOLLOHOSPQ4 98/99
- Merger-driven scale-up paired Rs 278m PAT with ambitious, lower-capital growth plans.APOLLOHOSPQ4 99/00
- Revenue and PAT grew as expansion shifted toward managed hospitals and integrated care.APOLLOHOSPQ4 00/01
- Revenue grew, but expansion costs cut profit as growth shifted toward managed hospitals.APOLLOHOSPQ4 01/02
- FY03 profits grew as occupancy pressure and a major equipment impairment challenged margins.APOLLOHOSPQ4 02/03
- Revenue and profit advanced as debt fell; growth plans pivoted to asset-light and international expansion.APOLLOHOSPQ4 03/04
- FY05 revenue grew 19%, while adjusted PAT before extraordinary items rose 48.5%.APOLLOHOSPQ4 04/05
Next Apollo Hospitals earnings date
Q3 26/2710 Feb, 2027
Apollo Hospitals
Next Apollo Hospitals earnings date
Q3 26/2710 Feb, 2027
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Frequently asked questions
Apollo Hospitals Enterprise Limited is an India-based company engaged in the provision of healthcare services. The company operates a network of hospitals, clinics, and diagnostic centers, offering medical care across a wide range of specialties, including cardiology, oncology, orthopedics, and neurology. In addition to inpatient and outpatient services, Apollo Hospitals provides telemedicine, health check-ups, and pharmacy services. The company is headquartered in Chennai, India, and its shares are listed on the National Stock Exchange of India.