Manipal Hospitals Sees 95% Drop in Net Profit for Q1 FY2026

Manipal Hospitals Pvt Ltd announced that its consolidated net profit for the March 2026 quarter slid dramatically, falling 94.92% year‑on‑year to ₹31.8 crore.

In comparison, the same quarter last year yielded a profit of ₹66 crore, underscoring a steep decline amid rising operating expenses and a contraction in elective and outpatient services. The hospital group attributes the downturn to increased pharmaceutical costs, higher inpatient wages and a slower uptake of scheduled procedures during the period.

Stakeholders, including investors and local business communities, are closely monitoring the financial performance as the healthcare sector in Karnataka continues to adjust to regulatory changes and shifting patient demand. Source: Google News – Manipal.