MedPlus revenue rises 22% in Q1, but profit falls as margins contract
MedPlus Health Services reported Q1 FY27 revenue of ₹1,879.6 crore, up 21.8% year on year, while net profit fell 21.8% to ₹33 crore. The pharmacy retailer added 146 stores, mostly franchisees, and outlined about ₹155 crore of planned Hyderabad investments.
MedPlus Q1 FY27 revenue rose 22% to ₹1,879.6 crore but profit fell 22% to ₹33 crore as margins contracted. It added 146 stores, largely franchisees, and plans Hyderabad food park and health-wellness facilities requiring about ₹155 crore investment.
Why this matters
The result contrasts with a recent Choice Broking call tagging MedPlus as a breakout buy at ₹889.60 with a ₹965 target; revenue growth and franchise-led store additions continue, but Q1 margin pressure drove profit lower.
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