Blue Jet Healthcare Sees 10% Spike in Share Price Amid 60% Sequential Increase in Q4 Net Profit and Rs 1,000-Crore Fund Raise

Blue Jet Healthcare Shares Rise 10% on Strong Q3 Earnings and Fund Raising Plans

Blue Jet Healthcare, a leading healthcare services company, saw its shares surge up to 10 percent on Monday, following the release of its March quarter earnings report. The company's stock closed at Rs 483.90 per share on the National Stock Exchange (NSE), marking a 9.72 percent increase.

The company reported a net profit of Rs 64.34 crore in the March quarter, a 60 percent sequential rise from Rs 40.16 crore in the December quarter. However, the net profit declined 41 percent from Rs 110 crore in the corresponding quarter of the previous financial year.

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Revenue from operations fell 31 percent year-on-year to Rs 235 crore from Rs 340 crore earlier. Interestingly, on a sequential basis, revenue rose 14 percent from Rs 206 crore.

In a separate development, the company's board recommended a final dividend of Rs 1.2 per equity share of face value Rs 2 each for the financial year 2026, subject to shareholders' approval. Furthermore, the board approved a proposal to raise up to Rs 1,000 crore through qualified institutional placement, preferential issue, private placement, or other permissible routes, subject to regulatory and shareholders' approvals.

The company has scheduled an extraordinary general meeting on June 17, 2026, to seek shareholders' approval for the proposed fund raise.