Mumbai (Maharashtra) [India], October 29: Fischer Medical VenturesLimited(FISCHER | 524743 | INE771F01041),one of the leading companies engaged in thebusiness ofdeveloping innovative, cost-effective medical imaging, advanced diagnostics and point-of-care diagnostic solutions, has announced its unaudited financial results for Q2& H1FY26.
KeyConsolidatedFinancial Highlights
Q2 FY26KeyFinancial Highlights
•Total Income of₹88.79 Cr, YoY growth of 122.64%
•EBITDA of₹18.74 Cr, YoY growth of 2,511.72%
•EBITDA Margin of 21.10%, YoY growth of 1,930 BPS
•Net Profit of₹13.96 Cr, YoY growth of 4,659.63%
•Net Profit Margin(%) of 15.72%, YoY growth of 1,499 BPS
•EPS of₹2.15, YoY growth of 4,200.00%
H1FY26 Key Financial Highlights
•Total Income of₹119.70 Cr, YoY growth of 135.90%
•EBITDA of₹30.46 Cr, YoY growth of 2,274.35%
•EBITDA Margin of 25.45%, YoY growth of 2,292 BPS
•Net Profit of₹18.97 Cr, YoY growth of 1,0664.64%
•Net Profit Margin (%) of 15.85%, YoY growth of 1,550BPS
•EPS of₹2.87, YoY growthof9,466.67%
Commenting on the Results,Mr. Ravindran Govindan, ChairmanofFischer Medical Ventures Limited,said:“Q2 was a very strong quarter for Fischer, marking significant improvement across all operational and financial parameters. The steep rise in profitability reflects the scalability of our model, better product realization, and the growing acceptance of Fischer’s technology across India and overseas markets.
India’s MedTech and diagnostic industry is expanding rapidly, driven by government focus on indigenous manufacturing, preventive care, and AI-led healthcare solutions. Fischer is well aligned with these trends, leveraging its expertise in MRI systems, AI diagnostics, and digital health platforms to strengthen its position in this evolving landscape.
With our expanding footprint across Southeast Asia, new product launches, and advanced solutions such asSpinCare® and portable X-ray systems, we are confident of sustaining this growth momentum and creating long-term value for all”
Key Business Highlights
| Acquires Strategic Property in Malaysia | •Acquired landmark mixed-useproperty inMalaysiatodevelop an Integrated Regional Healthcare Hub
•Expand FMV’s presence across Southeast Asia |
| Public–Private Partnership in Indonesia | •Partnered City of Jember to deploy AI-powered portable X-ray systems
•Supports “TBFreeJember by 2026”&TB elimination by 2030projectsvalued atUSD 10 million(approx.) |
| Global Innovation Licensing Milestone | •Securesfull licensing in Indonesia, eligible to participate in End-TB Handheld X-ray Government Tender |
| Diagnostic Imaging Expansion in India | •Launched High-Resolution Open MRI at Sunray Scans, Chennai
•Installed PICA 0.35T Open MRI at STNM Hospital, Sikkim |
| AI Innovation Recognition – NYB.AI (JV Partner) | •Won 1st Prize atSuperAIGenesis Global Competition
•Recognized for AI-driven drug discovery platform (DTIGN) •Partners include NVIDIA, J&J Innovation, and HPE |
| Nanomedic– Operational & Regulatory Progress | •Completed Phase 1 MDR/MDD audit; Phase 2 due Oct 2025
•PreparingSpinCare® FDA filing; outcome expected Q4 FY26 |
| SpinCare- Clinical Advancements | •Proven safe and effective inpediatricburns
•Stanford trial showed strong tolerability, no adverse events |
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