Thyrocare Technologies share jumps 17% after Q1 net profit rise
Thyrocare Technologies shares rose 16.75 percent, reaching a 52-week high of Rs 759 per share on the BSE in Wednesday’s intraday session. This came after the diagnostic company’s strong fiscal year 2024–2025 April–June quarter.
The company’s net profit climbed from Rs 17.3 crore during the same time last year to Rs 23.9 crore, a 38.2 percent year-over-year (YoY) gain.
Thyrocare’s revenue from operations increased 16 percent year over year to Rs 156.9 crore from Rs 134.9 crore in Q1FY24.
Thyrocare’s earnings before interest, taxes, depreciation and amortisation (Ebitda) was Rs 42.7 crore, up 23.4% from Rs 34.6 crore in the same period last year.
As of 2:07 pm, Thyrocare Technologies shares were trading 15.89 % higher at Rs 752.10.
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