Max Health gross revenue at lifetime high in Q2FY23 on improved occupancy

International patient revenues up 16% during quarter, 110% of pre-Covid average; PAT grows 29% on like-to-like basis

Max Healthcare Institute (MHIL) has posted a profit after tax of Rs 511 crore for the second quarter of the 2022-23 fiscal, as its revenues grew nine per cent to Rs 1,567 crore. This is Max Healthcare’s highest ever gross revenue.

The growth in Q2FY23 revenue and Operating EBITDA was driven by higher occupancies, improved payor mix. International patient revenue grew by 16 per cent QoQ and reflected around 110 per cent of pre-Covid average.

PAT for the quarter stood at Rs 511 crore, compared to Rs 207 crore in the corresponding quarter last fiscal.

“This includes a one-time impact