Family Care Hospitals Limited September loss widens to Rs 73.75 lakh

Family Care Hospitals Limited reported a Rs 73.75 lakh loss after tax for the quarter ended September 30, 2026, compared with a Rs 42.37 lakh loss in the preceding quarter, as finance costs increased to Rs 29.87 lakh and total expenses reached Rs 80.41 lakh. Revenue from operations was Rs 6.65 lakh.

Why did Family Care Hospitals’ September-quarter loss widen?

Family Care Hospitals’ loss widened mainly because total expenses rose by Rs 31.91 lakh sequentially, while total income increased by Rs 0.52 lakh. Loss before tax and loss after tax were each Rs 73.75 lakh in the quarter ended September 30, 2026, as the company reported nil current tax, deferred tax and earlier-year tax.

Finance costs were the largest sequential movement among the disclosed expenses, rising to Rs 29.87 lakh from Rs 6.44 lakh in the quarter ended June 30, 2026. That Rs 23.43 lakh increase was greater than the Rs 1.65 lakh rise in revenue from operations, while total expenses increased from Rs 48.50 lakh to Rs 80.41 lakh.

The latest loss also exceeded the Rs 69.51 lakh loss after tax reported for the quarter ended September 30, 2025. Finance costs increased from Rs 7.52 lakh a year earlier, whereas other expenses fell to Rs 14.23 lakh from Rs 29.82 lakh, showing that the year-on-year increase in borrowing costs outweighed lower spending in that expense category.

What changed in Family Care Hospitals’ revenue and costs?

Family Care Hospitals increased revenue from operations to Rs 6.65 lakh in the September 2026 quarter, from Rs 5.00 lakh in June 2026 and Rs 1.72 lakh in September 2025. Total income was Rs 6.65 lakh because the company recorded no other income, compared with Rs 1.13 lakh of other income in the preceding quarter.

Purchase of stock-in-trade rose to Rs 5.03 lakh from Rs 4.02 lakh sequentially, while employee-benefit expense increased to Rs 11.35 lakh from Rs 9.72 lakh. Depreciation and amortisation remained unchanged at Rs 19.94 lakh, and other expenses rose to Rs 14.23 lakh from Rs 8.38 lakh, alongside the increase in finance costs.

The basic and diluted loss per share was Rs 0.14 for the September 2026 quarter, compared with Rs 0.08 in June 2026 and Rs 0.13 in September 2025. Paid-up equity share capital remained Rs 54.01 crore across the three quarterly columns, with a face value of Rs 10 per share.

What do Family Care Hospitals’ half-year results show?

Family Care Hospitals reported a Rs 1.16 crore loss after tax for the half year ended September 30, 2026, compared with a Rs 1.61 crore loss for the half year ended September 30, 2025. The lower half-year loss contrasts with the wider September-quarter loss because total expenses declined more than total income in the six-month comparison.

Revenue from operations rose to Rs 11.66 lakh from Rs 9.10 lakh, but total income fell to Rs 12.79 lakh from Rs 19.51 lakh because other income was Rs 1.13 lakh, against Rs 10.41 lakh a year earlier. Total expenses declined to Rs 1.29 crore from Rs 1.81 crore, led by other expenses falling to Rs 22.61 lakh from Rs 95.55 lakh.

Finance costs nevertheless increased to Rs 36.31 lakh for the half year from Rs 17.27 lakh in the earlier period. Depreciation and amortisation decreased to Rs 39.87 lakh from Rs 45.78 lakh, while purchases of stock-in-trade increased to Rs 9.05 lakh from Rs 0.32 lakh.

What does Family Care Hospitals’ balance sheet show?

Family Care Hospitals reported total assets of Rs 42.55 crore as at September 30, 2026, compared with Rs 43.08 crore at March 31, 2026. Inventories were unchanged at Rs 38.03 crore, while property, plant and equipment decreased to Rs 2.50 crore from Rs 2.90 crore.

The Rs 38.03 crore inventory includes discount coupon vouchers that have remained unutilised following closure of the company’s main hospital operations. Management said the vouchers will be utilised and/or sold upon revival of hospital operations, and that the inventory continues to be carried at book value.

Current borrowings rose to Rs 5.74 crore at September 30 from Rs 5.17 crore at March 31, while trade payables to creditors other than micro and small enterprises rose to Rs 23.61 crore from Rs 23.52 crore. Total equity decreased to Rs 8.29 crore from Rs 9.45 crore, with other equity at negative Rs 45.72 crore versus negative Rs 44.56 crore.

What reporting disclosures should readers note?

Family Care Hospitals said a ransomware attack on January 30, 2026 corrupted certain data, after which financial information was reconstructed from available records. Management said controls have been strengthened and believes the ascertainable impact has been appropriately considered in the financial information.

The quarterly results columns label the September 30, 2026 figures unaudited, while the statement heading describes the results as audited. The filing says the Audit Committee and Board reviewed and approved the results on November 13, 2026, and that statutory auditors reviewed them, but does not explain the differing labels.

The company operates in one segment, healthcare services, and said Indian Accounting Standard 108 segment reporting is therefore not applicable. The filing does not provide separate revenue, profit or asset figures for different healthcare activities within the Rs 6.65 lakh September-quarter operating revenue.

The asset statement lists cash and cash equivalents of Rs 11.41 lakh at September 30, 2026, versus Rs 26.40 lakh at March 31. Separately, the cash-flow statement lists closing cash and cash equivalents of Rs 36.04 crore at September 30 and net cash inflow of Rs 53.67 lakh; the filing does not explain the difference between the two closing cash figures.

Conclusion

Family Care Hospitals’ September-quarter revenue increased from both the June 2026 quarter and the year-earlier quarter, but it remained below finance costs of Rs 29.87 lakh and total expenses of Rs 80.41 lakh. The result was a Rs 73.75 lakh quarterly loss, while the half-year loss narrowed to Rs 1.16 crore from Rs 1.61 crore.

The disclosed matter to watch is the revival of hospital operations, because management says Rs 38.03 crore of discount coupon vouchers may be utilised and/or sold only after that revival. Subsequent filings may also clarify the differing audit labels and the gap between the Rs 11.41 lakh and Rs 36.04 crore September 30 closing-cash disclosures.