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21h agoMedPlus Health Services Ltd profit jumps 43% ahead of store-roll-out expansion
MedPlus Health Services, one of India’s leading retail pharmacy chains, posted a 43.3% year-on-year rise in net profit for Q2, driven by expansion into smaller cities and growth in private-label wellness sales. Revenue rose 6.5% to ₹16.79 billion. The company now operates over 4,200 stores and plans to open approximately 600 more by year-end. Analysts say the growth underscores rising consumer health spending beyond mega-cities, though supply-chain inflation and urban competition remain headwinds.
positive
21h agoMedPlus Health Services Ltd profit jumps 43% ahead of store-roll-out expansion
MedPlus Health Services, one of India’s leading retail pharmacy chains, posted a 43.3% year-on-year rise in net profit for Q2, driven by expansion into smaller cities and growth in private-label wellness sales. Revenue rose 6.5% to ₹16.79 billion. The company now operates over 4,200 stores and plans to open approximately 600 more by year-end. Analysts say the growth underscores rising consumer health spending beyond mega-cities, though supply-chain inflation and urban competition remain headwinds.
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MedPlus Health Services Ltd profit jumps 43% ahead of store-roll-out expansion
about 22 hours ago
1 min read
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MedPlus profit surges 43% on store expansion and private-label growth in India’s pharmacy retail sector.
MedPlus Health Services, one of India’s leading retail pharmacy chains, posted a 43.3% year-on-year rise in net profit for Q2, driven by expansion into smaller cities and growth in private-label wellness sales. Revenue rose 6.5% to ₹16.79 billion. The company now operates over 4,200 stores and plans to open approximately 600 more by year-end. Analysts say the growth underscores rising consumer health spending beyond mega-cities, though supply-chain inflation and urban competition remain headwinds.
MedPlus Health Services, one of India’s leading retail pharmacy chains, posted a 43.3% year-on-year rise in net profit for Q2, driven by expansion into smaller cities and growth in private-label wellness sales. Revenue rose 6.5% to ₹16.79 billion. The company now operates over 4,200 stores and plans to open approximately 600 more by year-end. Analysts say the growth underscores rising consumer health spending beyond mega-cities, though supply-chain inflation and urban competition remain headwinds.
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India
retail
pharmacy
expansion
Oct 31, 2025 • 21:40 IST