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Park Medi World Limited announced that its Board of Directors approved the incorporation of a wholly-owned subsidiary, tentatively named “Park Medicity Prayagraj Limited” or “Park Hospital Prayagraj Limited,” as a Special Purpose Vehicle to develop and operate a 550-bed multi-super-speciality hospital in Prayagraj, Uttar Pradesh, under a Public-Private Partnership model awarded by the Prayagraj Municipal Corporation; the incorporation will involve a cash consideration of Rs 0.15 crore for 1,50,000 equity shares with a face value of Rs 10 each, and the company will hold 100% shareholding.

Park Medi World Limited announced August 31, 2026, that its Board of Directors approved the incorporation of a wholly-owned subsidiary, tentatively named “Park Medicity Prayagraj Limited” or “Park Hospital Prayagraj Limited,” as a Special Purpose Vehicle to develop and operate a 550-bed multi-super-speciality hospital in Prayagraj, Uttar Pradesh, under a Public-Private Partnership model awarded by the Prayagraj Municipal Corporation; the subsidiary will have an authorized capital of Rs 0.15 crore, comprising 150,000 equity shares with a face value of Rs 10 each, and the company will hold 100% shareholding.

Net profit of Park Medi World rose 42.31% to Rs 82.51 crore in the quarter ended June 2026 as against Rs 57.98 crore during the previous quarter ended June 2025. Sales rose 19.27% to Rs 475.71 crore in the quarter ended June 2026 as against Rs 398.85 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales475.71398.85 19 OPM %26.5026.31 - PBDT123.9296.67 28 PBT105.0881.90 28 NP82.5157.98 42 Powered by Capital Market - Live News

Park Medi World will hold a meeting of the Board of Directors of the Company on 3 August 2026.

Umkal Health Care, a wholly-owned subsidiary of Park Medi World, has today approved a significant expansion of its existing 225-bed Park Hospital in Palam Vihar, Gurugram, with the addition of 100 new beds.The Palam Vihar facility is one of the flagship hospitals of the group; in FY`26, it had an occupancy of ~86%, delivered a revenue of ~Rs 245 crore. The newly expanded facility will be branded Park Hospital Platinum and is slated to commence operations in November 2026. With this expansion, Park Group`s consolidated bed capacity across Gurugram will rise to 750 beds.