Park Medi World Approves 100-Bed Expansion at Gurugram Hospital Facility
Park Medi World's wholly-owned subsidiary, Umkal Health Care, has approved a Rs 25 crore expansion of its 225-bed Park Hospital in Palam Vihar, Gurugram, adding 100 new beds. The expanded facility, to be named Park Hospital Platinum, is expected to begin operations in November 2026. In fiscal year 2025-26, the hospital had an 86% bed occupancy and generated Rs 245 crore in revenue. This expansion will increase Park Group's total Gurugram bed capacity to 750 beds, contributing to positive stock performance.