Islamabad: Shifa International Hospitals Ltd. has released its financial results for the first quarter ended September 30, 2026, demonstrating robust financial health and growth. The hospital's net revenue for the period reached 8.64 billion Rupees, a big move of 13.48% from the 7.62 billion Rupees reported in the same period last year.
The hospital's profit for the quarter stood at 804.50 million Rupees, an increase from the previous year's figure of 743.58 million Rupees, despite a decrease in income tax expenses to 437.13 million Rupees from 484.84 million Rupees last year. Earnings per share increased to 12.71 Rupees from 11.76 Rupees, indicating a positive trajectory in shareholder value.
The total equity and liabilities as of September 30, 2026, were reported at 26.19 billion Rupees, compared to 25.00 billion Rupees at the end of the previous fiscal year. The company's property, plant, and equipment also increased to 12.68 billion Rupees from 12.43 billion Rupees, demonstrating continued investment in infrastructure and capacity.
According to information available from the Pakistan Stock Exchange (PSX), Shifa International Hospitals' stock performance aligns with its strong financial results, reflecting investor confidence in the company's operational strategies and financial management.
Operating costs for the quarter rose to 7.38 billion Rupees from 6.37 billion Rupees in the previous year, while finance costs slightly decreased to 83.68 million Rupees. The expected credit losses for the period increased to 40.00 million Rupees from 24.15 million Rupees, reflecting the hospital's exposure to credit risks.
Shifa International Hospitals continues to maintain a strong financial position, with significant reserves and a steady increase in unappropriated profits, which rose to 13.12 billion Rupees from 12.31 billion Rupees. The hospital's commitment to enhancing its services and facilities is evident in its strategic financial decisions and resource allocation.