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9h agoMedPlus Chief profit jumps 43% as retail pharmacy expands store footprint
MedPlus Health Services Ltd, one of India’s leading pharmacy-retail chains, posted a 43.3 % year-on-year rise in Q2 profit to ₹555 million (~US$6.31 million). Revenue climbed 6.5 % to ₹16.79 billion, helped by ramped store-opening activity and growing private-label product sales. The company operates over 4,200 stores and plans to add about 600 more by year-end, targeting smaller cities. Analysts say the faster expansion underpins pricing power and recurring prescription demand, though competition and margin stability remain key watch-points.
positive
9h agoMedPlus Chief profit jumps 43% as retail pharmacy expands store footprint
MedPlus Health Services Ltd, one of India’s leading pharmacy-retail chains, posted a 43.3 % year-on-year rise in Q2 profit to ₹555 million (~US$6.31 million). Revenue climbed 6.5 % to ₹16.79 billion, helped by ramped store-opening activity and growing private-label product sales. The company operates over 4,200 stores and plans to add about 600 more by year-end, targeting smaller cities. Analysts say the faster expansion underpins pricing power and recurring prescription demand, though competition and margin stability remain key watch-points.
positive
MedPlus Chief profit jumps 43% as retail pharmacy expands store footprint
about 10 hours ago
1 min read
79 words
MedPlus profit rose 43% as store expansion and private-label growth fuelled the retail pharmacy chain.
MedPlus Health Services Ltd, one of India’s leading pharmacy-retail chains, posted a 43.3 % year-on-year rise in Q2 profit to ₹555 million (~US$6.31 million). Revenue climbed 6.5 % to ₹16.79 billion, helped by ramped store-opening activity and growing private-label product sales. The company operates over 4,200 stores and plans to add about 600 more by year-end, targeting smaller cities. Analysts say the faster expansion underpins pricing power and recurring prescription demand, though competition and margin stability remain key watch-points.
MedPlus Health Services Ltd, one of India’s leading pharmacy-retail chains, posted a 43.3 % year-on-year rise in Q2 profit to ₹555 million (~US$6.31 million). Revenue climbed 6.5 % to ₹16.79 billion, helped by ramped store-opening activity and growing private-label product sales. The company operates over 4,200 stores and plans to add about 600 more by year-end, targeting smaller cities. Analysts say the faster expansion underpins pricing power and recurring prescription demand, though competition and margin stability remain key watch-points.
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India
pharmacy
retail
expansion
Oct 31, 2025 • 13:41 IST