The company’s revenue increased 21.8% year-on-year to ₹1,879.6 crore, compared with ₹1,542.6 crore in Q1 FY26.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at ₹133.2 crore, up 1.9% from ₹130.7 crore in the year-ago period. The EBITDA margin declined to 7.1% from 8.5%.
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During the quarter, the company added 146 new stores, including 131 franchisee stores. The company’s gross margin declined by 160 basis points to 24.5% in Q1 FY27 from 26.1% in Q1 FY26.
Operating EBITDA declined to ₹65.1 crore from ₹72.8 crore in the year-ago quarter, while operating EBITDA margin fell to 3.5% from 4.7%.
Capex plans
MedPlus said its material subsidiary Optival Health Solutions Private Limited plans to set up a food park including a cold press oil extraction unit in Hyderabad, Telangana.
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The proposed project involves a capital expenditure of around ₹40 crore, which will be used for land development, construction of buildings, procurement and installation of units and machinery, utilities, filling and packing lines, and other project-related capital expenditure.
The company also plans to set up a Concierge Health & Wellness Services Facility in Hyderabad, Telangana.
The facility will provide preventive healthcare, diagnostics, specialist consultations and wellness services through a subscription-based membership model. The estimated investment for the project is around ₹115 crore, including capital expenditure of ₹90 crore.
Shares of MedPlus Health Services Ltd ended at ₹802.40, up by ₹1.45, or 0.18%, on the BSE.
ALSO READ | MedPlus Health plans 600 new stores in FY26, focuses on steady margin growth
