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QMS Medical Allied Services, a leading holistic healthcare management solutions company, registered 31.65 per cent growth in net profit on a consolidated basis at Rs 3.15 crore during the first quarter ended June 30, 2025, as compared with Rs 2.39 crore same period last year on the back of foray into a new business segment of providing supplies to hospitals.
Operating income on a consolidated basis increased by 54.61 per cent at Rs 46.81 crore during the quarter under review, as against Rs 30.47 crore same period last year. EBITDA increased by 34.09 per cent at Rs 4.48 crore in Q1FY26 as against Rs 3.34 crore last year.
The company’s acquisition of 51 per cent stake in Saarathi Healthcare - a pioneer in patient and disease management services, market access, and phygital solutions earlier this financial year, also helped give a boost to its business.
Commenting on the company’s performance during the quarter, Mahesh Makhija, Founder, Chairman & Managing Director, QMS Medical Allied Services Limited, said, “We have been witnessing a good traction in demand for patient and disease management services in the market and our acquisition of Saarathi Healthcare has helped us leverage this segment. This has helped shore our topline in the last quarter. We believe our firm emphasis on the existing lines of businesses and foray into new segments will help drive growth in topline and bottomline moving forward.”
“We see a huge potential for growth in the hospital supplies business and we are looking to move into newer geographies to tap into the potential of this segment. We have also implemented sustained cost-reduction strategies which has helped boost our margins,” he added.
The company recently achieved a significant milestone by becoming the first healthcare vendor to be listed on the E-Grameen portal — a government-supported digital initiative designed to boost rural commerce through Common Service Centres (CSCs).
This strategic collaboration will enable QMS to directly supply physiotherapy and orthopaedic aids, wellness essentials, and other vital healthcare products to underserved rural regions. With access to a robust CSC network of over 5.5 lakh Village Level Entrepreneurs (VLEs), the company is now well positioned to bridge the rural healthcare gap and enhance accessibility where it is needed most.