Asarfi Hospital Ltd reported a strong start to QQ1 2026, with revenue of INR 356.81 million, up 61.9% year-over-year and 8.5% quarter-over-quarter. Gross profit reached INR 271.07 million, delivering a gross margin of 75.97%, while EBITDA stood at INR 84.06 million (EBITDA margin of 23.56%). Net income was INR 31.21 million, translating to a net margin of 8.75% and basic earnings per share (EPS) of INR 1.59. Despite robust top-line momentum and cash generation, operating income declined on a year-over-year basis (INR 39.99 million; -64.5% YoY) but rose modestly QoQ (+2.40%), suggesting higher operating expenses or investments affecting current-quarter profitability. The company generated INR 52.95 million from operations and INR 42.77 million in free cash flow, with capex of INR 10.18 million, underscoring solid cash-generating capabilities amid ongoing capital needs.