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Max Healthcare Institute Ltd on Thursday said it will invest over Rs 1,000 crore to set up a 450-bed super speciality hospital in Pune. The facility, situated in Yerawada, Pune, will mark the company's foray into the city and is expected to be commissioned over the next 3 years, Max Healthcare Institute Ltd said in a statement. The hospital will be the company's fourth facility in Western India. The company said its investment involves staggered acquisition of a 100 per cent equity stake in Yerawada Properties Pvt Ltd (YPPL), Pune and further development of the hospital over the course of next three years. "This proposed hospital will bring advanced medical care closer to patients in the region. Our entry into Pune is a strategic milestone for Max Healthcare and aligns with our long-term vision of expanding our presence in key healthcare markets across the country," Max Healthcare Institute Ltd Chairman and Managing Director, Abhay Soi said. Stating that Pune is one of India's ...
Max Healthcare Institute on Wednesday said its profit after tax increased 17 per cent year-on-year to Rs 345 crore for June quarter FY26 on enhanced utilisation of operational beds across the hospital network. The healthcare major reported a profit after tax (PAT) of Rs 295 crore in the April-June period last year. Gross revenue rose to Rs 2,574 crore in the quarter from Rs 2,028 crore in the year-ago period, Max Healthcare said in a statement. Net debt at June-end stood at Rs 1,755 crore as compared with Rs 1,576 crore on March 31, 2025. The company said its board has approved execution of an agreement to lease a built-to-suit 130-bed hospital in Dehradun. The proposed facility will be located near the company's existing 220-bed hospital, which is operational since 2012. Scheduled for commissioning in 2028, the new hospital will, among other specialties, focus on advanced oncology services, including radiation therapy, it said. Besides, Jaypee Healthcare Ltd, a wholly-owned ...