KIMS to Set Up 300-Bed Super Speciality Hospital in Chennai for ₹300 Crore
Krishna Institute of Medical Sciences Limited (KIMS) has entered into a Leave and License Agreement with Andhra Mahila Sabha to lease approximately 1.168 acres of land in Chennai, Tamil Nadu. This lan...
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Why is Krishna Institute of Medical Sciences Limited in the news today?
Krishna Institute of Medical Sciences Limited (KIMS) is in the news due to the announcement details a significant strategic expansion for kims, marking its entry into a new state (tamil nadu) with a substantial new hospital project, which is expected to drive future growth and financial returns.
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KIMS to Set Up 300-Bed Super Speciality Hospital in Chennai for ₹300 Crore
December 20, 2025, 07:01 PM
Krishna Institute of Medical Sciences Limited (KIMS) has entered into a Leave and License Agreement with Andhra Mahila Sabha to lease approximately 1.168 acres of land in Chennai, Tamil Nadu. This land, located at Dr. Durgabai Deshmukh Road, Raja Annamalai Puram, will be used to establish a new Super Speciality Hospital.
The proposed hospital will add approximately 300 beds to KIMS's existing capacity. The company plans to complete this expansion within the next thirty-six (36) months. The total investment required for this project is estimated to be around ₹300 Crore, which will be financed through a combination of bank loans and internal accruals.
This strategic expansion marks KIMS's first venture into Tamil Nadu and is expected to enhance operational performance and generate sustainable long-term financial returns. As of September 30, 2025, KIMS and its subsidiaries had a total bed capacity of over 8800 beds, with an occupancy rate of approximately 51.0% for H1FY26.
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