Hyderabad-based pharmacy retail chain MedPlus Health Services Ltd on Friday, October 31, reported a 43.4% year-on-year (YoY) rise in net profit at ₹55.5 crore for the July-September quarter (Q2 FY26), compared to ₹38.7 crore a year earlier.

Revenue for the quarter grew 12% YoY to ₹1,679 crore from ₹1,576 crore, while EBITDA rose 19.9% YoY to ₹149 crore, up from ₹124.3 crore in the same period last year. The company’s operating margin expanded to 8.9%, compared to 7.9% a year ago.

As stated on August 4, MedPlus Health aims to add 600 new outlets by the end of FY26, having already achieved a net increase of 100 stores this quarter. The company noted that expansion is typically slower in the first quarter but expressed confidence in meeting its full-year target.

The retailer added that e

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