Mumbai : QMS Medical Allied Services Limited, a leading healthcare solutions company, announced a strong financial performance for the second quarter and the first half of FY26, supported by continued growth across its patient management services and hospital supplies business.
During Q2FY26, the company posted a Profit After Tax (PAT) of ₹3.57 crore. Total Operational Income for the quarter stood at ₹44.70 crore, reflecting healthy demand for diagnostic devices, patient support programs, and healthcare products. The company reported a Profit Before Tax (PBT) of ₹4.84 crore.
For the first half of FY26, QMS recorded a PAT of ₹6.73 crore. The company’s Operating Income stood at ₹91.19 crore, while Total Income reached ₹91.73 crore. QMS also achieved an EBITDA of ₹13.36 crore, up by 10.6%, showcasing strong operating efficiency. NPM for the H1FY26 stood at 7.38%.
Key Financial Highlights: ₹ crore
Particular H1FY26 H1FY25 % Chg
Operating Revenues 91.19 67.57 35.0%
EBITDA 13.36 12.08 10.6%
EBITDA (%) 14.65% 17.88% -322.70
Net Profit 6.73 6.63 1.5%
NPM (%) 7.38% 9.81% -243.19
EPS 3.32 3.21 3.4%
The solid performance for the half year was driven by higher adoption of preventive screening services, growth in phygital (physical + digital) patient engagement programs, and a steady rise in demand from institutional customers. Additionally, the company’s subsidiary, Saarathi Healthcare, continued to contribute meaningfully through its patient and disease management programs across key therapy areas.
Mahesh Makhija, Founder, Chairman & Managing Director, QMS Medical Allied Services Limited, said: “Our business continues to grow steadily across patient management and healthcare supplies. The strong results in Q2 and H1 reflect the trust our partners place in us and the increasing demand for simple, accessible healthcare services across India. We are also expanding our reach into more cities and improving our operational processes. With consistent cost control and market expansion, we expect this growth trend to continue in the coming quarters.”
With a multi-vertical approach, expanding distribution network, and growing presence in both urban and rural markets, QMS remains well-positioned to strengthen its role in India’s patient-centric healthcare ecosystem.





