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2 clusters · 4 sources · 4 days · First seen · Last updated

Park Medi World healthcare expansion

Overview

Park Medi World Limited is pursuing significant infrastructure and capacity expansions in North India. The company has secured a mandate from the Prayagraj Municipal Corporation under a Public–Private Partnership model to develop and operate a 550-bed multi-super speciality hospital. This project, located near Arail Ghat, involves an investment of approximately INR 200 Crore and a 45-year lease.

Parallel to these infrastructure developments, the company reported record financial results for fiscal year 2025-26, with consolidated revenue rising 21% to ₹1,679.4 crore and profit after tax increasing 27% to ₹273.6 crore. Following acquisitions in Bathinda and Agra, the company’s total bed capacity reached 3,610. Park Medi World has established a target to expand its network capacity to 5,740 beds by March 2028 through greenfield projects and strategic acquisitions across Delhi, Uttar Pradesh, Punjab, Haryana, and Uttarakhand.

Entities

Park Medi World Limited · Uttar Pradesh · Prayagraj · Prayagraj Municipal Corporation

Timeline

  1. 23 days ago

    [BUSINESS] 3 sources
    Park Medi World reports record FY26 revenue and profit

    Park Medi World reported record FY26 revenue of ₹1,679.4 crore and a 27% rise in profit, targeting a 5,740-bed network by March 2028 through strategic expansion in North India.

  2. 26 days ago

    [BUSINESS] 2 sources
    Park Medi World Limited to develop 550-bed hospital in Prayagraj

    Park Medi World Limited will develop a 550-bed multi-super speciality hospital in Prayagraj, India, through a 45-year PPP mandate with the Municipal Corporation.

Sources

bhaskarlive.in · newsx.com · theblunttimes.in · up18news.com