Jupiter Life Line Hospitals Limited (JLHL) has released the transcript of its Q3 and 9M FY26 earnings conference call, which was held on February 02, 2026. The call covered the financial performance for the quarter and nine months ended December 31, 2025. During the call, Dr. Ankit Thakker, Joint Managing Director and CEO, announced that the company's new 500-bed hospital in Dombivli is complete ahead of schedule and within budget, with a total capex of ₹425 crores. The hospital is slated for inauguration on February 15, 2026, and will commence operations with 200 beds in Phase 1. Financially, for Q3 FY26, total income stood at ₹365.3 crores, an increase of 9.8% year-on-year, with EBITDA at ₹83.4 crores (up 9.2% YoY) and PAT at ₹42.5 crores (down 18.7% YoY). For the 9-month period of FY26, total income was ₹1,111.9 crores (up 15.1% YoY), EBITDA was ₹254 crores (up 15.2% YoY), and PAT was ₹143.9 crores (down 3.1% YoY). The company noted that PAT was impacted by the new Labor Code changes, resulting in a one-time provision of ₹6.4 crores. The company also provided updates on its other projects, including the Pune South project which has commenced construction, and the Mira Road project which is under regulatory approval. Management expects a higher depreciation load and an EBITDA drag for the next two years from the new Dombivli hospital before it starts contributing financially. They anticipate the Dombivli hospital to reach EBITDA breakeven by the end of its second year of operations.
