Apollo Hospitals Enterprises announced plans to expand its capacity by adding 4,300 beds over the next three to five years, aiming to boost revenue growth starting from fiscal 2026. According to Chief Financial Officer Krishnan Akhileswaran, revenue in fiscal 2027 is expected to grow faster than the mid-teen rate projected for the previous year, as a significant portion of the new beds will become operational during that time.
The initial phase of the expansion, involving around 2,000 beds, is already underway. This includes the construction of new hospitals and the expansion of existing facilities. Currently, Apollo operates approximately 9,458 beds across India.
The company plans to invest over Rs 8,000 crore in this expansion over five years.
In the fourth quarter, Apollo Hospitals reported a 13% increase in total revenue, reaching Rs 55.92 billion. This was supported by a 10% rise in the healthcare services segment which accounts for more than half of the total revenue and a 17% increase in its offline pharmacy and digital health business, which is still in the process of becoming profitable.
Apollo’s overall hospital bed occupancy rate improved by 2 percentage points to 67% during the quarter.
The company posted a consolidated net profit of Rs 3.9 billion (approximately $45.6 million) for the January–March quarter, surpassing analysts’ average forecast of Rs 3.71 billion, based on LSEG data.
CEO Madhu Sasidhar attributed the growth to rising demand for advanced specialty treatments. He also noted that increased marketing efforts and the hiring of specialized doctors contributed positively to performance.