Rainbow Children's Medicare Revenue Rises 23% to ₹548 Crore in Q2
Key Facts
Rainbow Children's Medicare reported a 23% year-on-year increase in revenue to ₹548 crore for the quarter ended September 30, 2026, compared with ₹444 crore in the same period a year earlier, according to CNBC TV18 via TradingView. Profit growth was slower than revenue growth: profit after tax rose 11%, while operating EBITDA increased 14% during the quarter. The company said inpatient and outpatient volumes remained healthy despite seasonal weakness associated with a significant shortfall in monsoon rainfall. This puts revenue growth alongside operating performance that faced a seasonal impact, according to the reported disclosure. The disclosure did not specify how much each factor contributed individually to revenue or profit growth.
Chief Executive Officer Abharali Dalal said the company had recorded year-on-year revenue growth of more than 20% for the third consecutive quarter through the quarter ended September 30. Dalal attributed the performance to the addition of new doctors, healthy occupancy and operational efficiency. These factors, according to the CEO's statement, are consistent with revenue continuing to grow by more than 20% for three consecutive quarters. At the same time, revenue rose 23% in the latest quarter, while profit after tax increased 11%. The figures showed revenue growing faster than profit after tax during the period.
On operations, the company began operating an acquired 70-bed hospital in Nellore, along with a new 50-bed hospital in Guntur, CNBC TV18 reported via TradingView on October 31, 2026. The company said the two facilities strengthen its presence in the Coastal Andhra Pradesh region. The acquired hospital in Nellore adds capacity of 70 beds, while the new Guntur hospital adds 50 beds. The operating announcement came after the results for the quarter ended September 30. The company had said inpatient and outpatient volumes remained healthy alongside the impact of seasonal weakness associated with low rainfall.
As part of its planned expansion, Rainbow intends to build a specialty children's hospital in Amaravati in phases, with an initial capacity of 150 beds. The company said the Andhra Pradesh government had allocated two acres of land for the project. The project represents a planned addition to the company's operations in the state, following the start of operations at the Nellore and Guntur facilities. The announcement did not specify when the Amaravati hospital would begin operating. It also did not provide a timeline for the project's construction phases.
The company expects to begin operating its Indore hospital in the third quarter of fiscal 2027, while it aims to open the Malad facility in Mumbai in the first quarter of fiscal 2028. It said work on the Malad project is complete and interior work is underway. The timeline puts Indore first among the two anticipated facilities, followed by Malad in the next fiscal period. The plans accompany the proposed Amaravati project, which has an initial capacity of 150 beds. The company did not provide an opening date for the Amaravati hospital in the disclosure.
Before the results announcement was published the following day, Rainbow shares closed 2.27% higher at ₹1,224 on October 30, 2026, adding ₹27.20 during the session, according to CNBC TV18 via TradingView. The shares recorded these gains before the results announcement published on October 31. In that announcement, the company said it had recorded revenue growth of more than 20% for the third consecutive quarter. The latest-quarter results also showed revenue rising 23% to ₹548 crore, against 11% growth in profit after tax. Alongside the results announcement, the company disclosed that the Nellore and Guntur facilities had begun operating.