Dr Agarwal’s Health Care to enter Ethiopia and Nigeria
The eye care chain plans to expand its African presence to 11 countries over the next four months.
Dr Agarwal’s Health Care will enter Ethiopia and Nigeria within the next four months, according to The Times of India.
CEO Adil Agarwal said the facility in Addis Ababa, Ethiopia, will be ready by this December, while the Lagos, Nigeria, facility will be ready by February next year.
The expansion will increase the eye care chain's presence in Africa from nine countries to 11. The company also plans to expand within Kenya and Tanzania, where it already operates centres.
Agarwal stated that the Africa business has grown by 33 per cent. He added that the company will open 26 new facilities during the second half of the year, including four in Africa.
The company expects to have 350 centres in India and Africa by the end of the current fiscal year (FY27). International patients contributed 10.5 per cent of the company's total revenue.
For the quarter ended September 30, 2026, Dr Agarwal’s Health Care reported a 55.8 per cent growth in Profit after Tax (PAT) to Rs 57 crore. Revenue from operations rose by 28.7 per cent year-on-year to Rs 1,269 crore.