MAXHEALTH Q1 FY27 results at a glance
MAX HEALTHCARE INS LTD Q1 FY27 key results metrics| Quarter | Q1 FY27 |
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| Quarter ended | 30 Jun 2026 |
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| Revenue | ₹2,366 cr |
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| Revenue YoY | +16.7% |
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| Operating profit | ₹467 cr |
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| Operating margin | 19.7% |
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| Net profit | ₹323 cr |
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| Net profit YoY | +4.9% |
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| Net profit QoQ | -5.6% |
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| Net margin | 13.6% |
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| Basic EPS | ₹3.32 |
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| TTM revenue | ₹8,712 cr |
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| TTM net profit | ₹1,457 cr |
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| TTM net margin | 16.7% |
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MAXHEALTH Q1 FY27 results: what the numbers say
MAX HEALTHCARE INS LTD (MAXHEALTH) has reported its Q1 FY27 results for the quarter ended 2026-06-30. The company posted revenue of ₹2,366 cr and a net profit of ₹323 cr, translating into earnings per share of ₹3.32.
Compared with the same quarter a year earlier, revenue grew by +16.7% and net profit grew by +4.9%. Profit trailing revenue growth suggests costs, interest or tax absorbed part of the topline gain.
Operating profit for the quarter stood at ₹467 cr, an operating margin of 19.7% versus 20.7% a year ago — a contraction of 0.9 percentage points.
MAXHEALTH quarter-wise results table
Revenue
₹2,366 cr
+16.7% YoY
Net profit
₹323 cr
+4.9% YoY
Operating profit
₹467 cr
+11.5% YoY
MAX HEALTHCARE INS LTD (MAXHEALTH) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q1 FY272026-06-30 | ₹2,366 cr | ₹467 cr | ₹323 cr | 19.7% | 13.6% | ₹3.32 | +4.9% | -5.6% |
| Q4 FY262026-03-31 | ₹2,143 cr | ₹483 cr | ₹342 cr | 22.6% | 16.0% | ₹3.52 | — | +13.7% |
| Q3 FY262025-12-31 | ₹2,068 cr | ₹427 cr | ₹301 cr | 20.7% | 14.6% | ₹3.10 | — | -38.8% |
| Q2 FY262025-09-30 | ₹2,135 cr | ₹467 cr | ₹491 cr | 21.9% | 23.0% | ₹5.05 | — | +59.5% |
| Q1 FY262025-06-30 | ₹2,028 cr | ₹419 cr | ₹308 cr | 20.7% | 15.2% | ₹3.17 | — | — |
| TTM (last 4 quarters) | ₹8,712 cr | ₹1,844 cr | ₹1,457 cr | 21.2% | 16.7% | ₹14.99 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
MAXHEALTH quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
MAX HEALTHCARE INS LTD quarterly income statement| Particulars | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q2 FY262025-09-30 | Q1 FY262025-06-30 |
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| Revenue / Sales | ₹2,366 cr | ₹2,143 cr | ₹2,068 cr | ₹2,135 cr | ₹2,028 cr |
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| Total expenses | ₹1,899 cr | ₹1,659 cr | ₹1,640 cr | ₹1,668 cr | ₹1,609 cr |
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| Gross profit | ₹1,853 cr | ₹1,703 cr | ₹1,627 cr | ₹1,671 cr | ₹1,582 cr |
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| Operating profit (EBIT) | ₹467 cr | ₹483 cr | ₹427 cr | ₹467 cr | ₹419 cr |
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| Operating margin | 19.7% | 22.6% | 20.7% | 21.9% | 20.7% |
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| Interest cost | ₹71 cr | ₹66.66 cr | ₹59.67 cr | ₹53.92 cr | ₹54.85 cr |
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| Profit before tax | ₹436 cr | ₹465 cr | ₹365 cr | ₹446 cr | ₹400 cr |
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| Tax expense | ₹113 cr | ₹122 cr | ₹63.62 cr | -₹45.27 cr | ₹92.46 cr |
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| Effective tax rate | 26.0% | 26.3% | 17.5% | -10.1% | 23.1% |
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| Net profit (PAT) | ₹323 cr | ₹342 cr | ₹301 cr | ₹491 cr | ₹308 cr |
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| Net profit margin | 13.6% | 16.0% | 14.6% | 23.0% | 15.2% |
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| Basic EPS | ₹3.32 | ₹3.52 | ₹3.10 | ₹5.05 | ₹3.17 |
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| Diluted EPS | ₹3.30 | ₹3.50 | ₹3.09 | ₹5.02 | ₹3.15 |
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MAXHEALTH results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
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| Revenue YoY | +16.7% | — | — | — | — |
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| Revenue QoQ | +10.4% | +3.6% | -3.2% | +5.3% | — |
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| Operating profit YoY | +11.5% | — | — | — | — |
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| Operating profit QoQ | -3.4% | +13.2% | -8.6% | +11.5% | — |
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| Net profit YoY | +4.9% | — | — | — | — |
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| Net profit QoQ | -5.6% | +13.7% | -38.8% | +59.5% | — |
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| EPS YoY | +4.7% | — | — | — | — |
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| EPS QoQ | -5.7% | +13.5% | -38.6% | +59.3% | — |
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MAXHEALTH annual results history
Full-year performance for MAX HEALTHCARE INS LTD, useful for reading each quarter in context.
MAX HEALTHCARE INS LTD annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
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| Revenue / Sales | ₹8,225 cr | ₹6,910 cr | ₹5,309 cr | ₹4,489 cr |
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| Total expenses | ₹6,348 cr | ₹5,334 cr | ₹4,025 cr | ₹3,444 cr |
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| Gross profit | ₹6,436 cr | ₹5,433 cr | ₹4,192 cr | ₹3,568 cr |
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| Operating profit (EBIT) | ₹1,877 cr | ₹1,576 cr | ₹1,285 cr | ₹1,045 cr |
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| Operating margin | 22.8% | 22.8% | 24.2% | 23.3% |
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| Interest cost | ₹215 cr | ₹149 cr | ₹44.56 cr | ₹71.32 cr |
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| Profit before tax | ₹1,676 cr | ₹1,406 cr | ₹1,365 cr | ₹1,064 cr |
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| Tax expense | ₹233 cr | ₹330 cr | ₹308 cr | -₹39.79 cr |
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| Effective tax rate | 13.9% | 23.5% | 22.5% | -3.7% |
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| Net profit (PAT) | ₹1,442 cr | ₹1,076 cr | ₹1,058 cr | ₹1,104 cr |
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| Net profit margin | 17.5% | 15.6% | 19.9% | 24.6% |
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| Basic EPS | ₹14.83 | ₹11.07 | ₹10.89 | ₹11.38 |
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| Diluted EPS | ₹14.76 | ₹11.01 | ₹10.84 | ₹11.36 |
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Revenue trend and demand read-through
Topline for Q1 FY27 came in at ₹2,366 cr against ₹2,028 cr in Q1 FY26, and ₹2,143 cr in the preceding Q4 FY26 quarter.
On a sequential basis revenue grew +10.4%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹1,899 cr, or 80.3% of revenue, with operating profit grew +11.5% year on year.
Margins, tax and profitability
Net profit of ₹323 cr works out to a net margin of 13.6% compared with 15.2% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.
Below the operating line, MAX HEALTHCARE INS LTD reported profit before tax of ₹436 cr, a tax charge of ₹113 cr (effective rate 26.0%), interest cost of ₹71 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹342 cr in Q4 FY26 to ₹323 cr in Q1 FY27, a change of -5.6%.
Trailing twelve months and annual context
Across the trailing four quarters MAX HEALTHCARE INS LTD has generated revenue of ₹8,712 cr and net profit of ₹1,457 cr, a trailing net margin of 16.7%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹8,225 cr with net profit of ₹1,442 cr and EPS of ₹14.83, versus the prior year where revenue grew +19.0% and profit grew +34.1%.
What to watch in the next MAXHEALTH quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A sustained run of year-on-year profit growth is what usually drives a re-rating rather than any single quarter.
MAX HEALTHCARE INS LTD has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
MAXHEALTH results coverage
No results report published for MAXHEALTH yet — our desk covers each quarter within minutes of the filing.
MAXHEALTH quarterly results FAQs
What were MAX HEALTHCARE INS LTD (MAXHEALTH) Q1 FY27 results?
In Q1 FY27 (quarter ended 30 Jun 2026), MAX HEALTHCARE INS LTD reported revenue of ₹2,366 cr and net profit of ₹323 cr, a change of +4.9% year on year on +16.7% revenue growth. EPS stood at ₹3.32.
What is MAXHEALTH profit margin in Q1 FY27?
MAX HEALTHCARE INS LTD posted a net profit margin of 13.6% and an operating margin of 19.7% in Q1 FY27. On a trailing twelve-month basis, revenue is ₹8,712 cr and net profit ₹1,457 cr.
Did MAXHEALTH results beat the previous quarter?
MAX HEALTHCARE INS LTD net profit changed -5.6% quarter on quarter, from ₹342 cr in Q4 FY26 to ₹323 cr in Q1 FY27.
When are MAX HEALTHCARE INS LTD (MAXHEALTH) quarterly results?
MAX HEALTHCARE INS LTD has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see MAXHEALTH latest quarterly results?
Results coverage for MAXHEALTH will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the MAXHEALTH stock page.
What is MAX HEALTHCARE INS LTD annual revenue and profit?
For FY26, MAX HEALTHCARE INS LTD reported full-year revenue of ₹8,225 cr and net profit of ₹1,442 cr, with EPS of ₹14.83.
How many quarterly results has MAXHEALTH declared recently?
Past results dates for MAXHEALTH will be listed here from the exchange calendar.
Results dates sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 12 Sept 2026. For information only, not investment advice.
