Paras Healthcare generated revenue from operations of Rs 510.89 crore during the second quarter, offset by expenses of Rs 463.12 crore. The strong earnings performance was met with market enthusiasm, sending shares up nearly three percent on the BSE. Managing Director Dharminder Kumar Nagar highlighted the allocation of Rs 375 crore from the initial public offering toward debt reduction to bolster financial resilience. Looking ahead, the company is prioritizing clinical technology investments and healthcare infrastructure expansion in North India.
Key points
Paras Healthcare allocated Rs 375 crore of its Rs 500 crore IPO proceeds to repay existin…: Paras Healthcare allocated Rs 375 crore of its Rs 500 crore IPO proceeds to repay existing debt obligations.
The healthcare operator's shares successfully debuted on the BSE and NSE on October 28 af…: The healthcare operator's shares successfully debuted on the BSE and NSE on October 28 after completing its public offering.
Future growth plans focus on deepening specialty clinical programs and scaling up facilit…: Future growth plans focus on deepening specialty clinical programs and scaling up facilities across underserved markets in North India.
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The recently-listed hospital chain had reported a net profit of Rs 12.38 crore in the year-ago period, according to a regulatory filing.
The company concluded its IPO on October 23 and its shares made the trading debut on the BSE and NSE on October 28.
Revenue from operations during the second quarter of FY27 stood at Rs 510.89 crore, while its expenses came in at Rs 463.12 crore during the quarter under review, the company informed the exchanges.
Figures for the quarter ended September 30, 2025, are balancing figures between special purpose consolidated audited interim financial statements for three months ended June 30, 2025, and have not been subject to limited review or audit, the filing noted.
Dharminder Kumar Nagar, Managing Director of Paras Healthcare Ltd, said, "This quarter marks an important milestone for Paras Health as we report our first results as a listed company. Out of the IPO proceeds of Rs 500 crore, we deployed Rs 375 crore towards part repayment of our borrowings, making our balance sheet significantly stronger.
"We will continue to deepen our speciality programmes…
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