Fischer Medical Ventures Reports 123 Percent YoY Surge in Total Income for Q2 FY26

Mumbai (Maharashtra) [India], October 29: Fischer Medical Ventures Limited(FISCHER | 524743 | INE771F01041), one of the leading companies engaged in the business of developing innovative, cost-effective medical imaging, advanced diagnostics and point-of-care diagnostic solutions, has announced its unaudited financial results for Q2 & H1 FY26.

Key Consolidated Financial Highlights

Q2 FY26 Key Financial Highlights

• Total Income of ₹ 88.79 Cr, YoY growth of 122.64%

• EBITDA of ₹ 18.74 Cr, YoY growth of 2,511.72%

• EBITDA Margin of 21.10%, YoY growth of 1,930 BPS

• Net Profit of ₹ 13.96 Cr, YoY growth of 4,659.63%

• Net Profit Margin (%) of 15.72%, YoY growth of 1,499 BPS

• EPS of ₹ 2.15, YoY growth of 4,200.00%

H1 FY26 Key Financial Highlights

• Total Income of ₹ 119.70 Cr, YoY growth of 135.90%

• EBITDA of ₹ 30.46 Cr, YoY growth of 2,274.35%

• EBITDA Margin of 25.45%, YoY growth of 2,292 BPS

• Net Profit of ₹ 18.97 Cr, YoY growth of 1,0664.64%

• Net Profit Margin (%) of 15.85%, YoY growth of 1,550 BPS

• EPS of ₹ 2.87, YoY growth of 9,466.67%

Commenting on the Results, Mr. Ravindran Govindan, Chairman of Fischer Medical Ventures Limited, said: “Q2 was a very strong quarter for Fischer, marking significant improvement across all operational and financial parameters. The steep rise in profitability reflects the scalability of our model, better product realization, and the growing acceptance of Fischer’s technology across India and overseas markets.

India’s MedTech and diagnostic industry is expanding rapidly, driven by government focus on indigenous manufacturing, preventive care, and AI-led healthcare solutions. Fischer is well aligned with these trends, leveraging its expertise in MRI systems, AI diagnostics, and digital health platforms to strengthen its position in this evolving landscape.

With our expanding footprint across Southeast Asia, new product launches, and advanced solutions such as SpinCare® and portable X-ray systems, we are confident of sustaining this growth momentum and creating long-term value for all”

Key Business Highlights

Acquires Strategic Property in Malaysia	• Acquired landmark mixed-use property in Malaysia to develop an Integrated Regional Healthcare Hub • Expand FMV’s presence across Southeast Asia
Public–Private Partnership in Indonesia	• Partnered City of Jember to deploy AI-powered portable X-ray systems • Supports “TB Free Jember by 2026” & TB elimination by 2030 projects valued at USD 10 million (approx.)
Global Innovation Licensing Milestone	• Secures full licensing in Indonesia, eligible to participate in End-TB Handheld X-ray Government Tender
Diagnostic Imaging Expansion in India	• Launched High-Resolution Open MRI at Sunray Scans, Chennai • Installed PICA 0.35T Open MRI at STNM Hospital, Sikkim
AI Innovation Recognition – NYB.AI (JV Partner)	• Won 1st Prize at SuperAI Genesis Global Competition • Recognized for AI-driven drug discovery platform (DTIGN) • Partners include NVIDIA, J&J Innovation, and HPE
Nanomedic – Operational & Regulatory Progress	• Completed Phase 1 MDR/MDD audit; Phase 2 due Oct 2025 • Preparing SpinCare® FDA filing; outcome expected Q4 FY26
SpinCare- Clinical Advancements	• Proven safe and effective in pediatric burns • Stanford trial showed strong tolerability, no adverse events

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