Archive · 21 Jul 2026

MedPlus Health Reports Q1 Profit Decline

MedPlus Health Reports Q1 Profit Decline

MedPlus Health Services Limited, a pharmacy retail chain, recently announced its financial results for the first quarter of the fiscal year 2027.

The company saw a decrease in net profit by 21.8% compared to the same period last year, amounting to Rs 33 crore.

However, the revenue from operations increased by 21.8% to Rs 1,879.6 crore.

Despite the profit decline, the company is expanding its retail footprint by adding 146 new stores.

Additionally, MedPlus is investing in new healthcare and wellness offerings, including a food park and a concierge health and wellness facility in Hyderabad.

These investments are expected to cost around Rs 40 crore and Rs 115 crore, respectively.

The company's shares ended the day with a slight gain of 0.18% on the BSE.

Sources