Thyrocare Technologies reported a robust close for FY2024-25 with the declaration of a final dividend of ₹21 per share following a robust financial performance during the March quarter. The group reported consolidated revenue from operations of ₹1.87 billion, indicating sustained momentum in its healthcare services and diagnostics. Net profit for the quarter was at ₹217 million, which highlights Thyrocare's robustness and operational excellence in a challenging environment.
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Dividend Boost: The Board has proposed a final dividend of ₹21 per share for FY2024-25, rewarding shareholders and establishing Thyrocare's record of consistent dividend payment.
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Consistent Revenue Growth: Consolidated revenue in the March quarter was at ₹1.87 billion, driven by strong growth in the pathology and radiology segments and consistent growth of the franchise and partnership network.
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Profit Performance: Net profit of ₹217 million indicates effective cost control and better margins despite the company investing in technology and network expansion.
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Operational Excellence: The EBITDA margin of the company is robust, and gross margin still stays around 73%, reflecting operational strength.
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Positive Outlook: With continued investments in innovation and customer reach, Thyrocare is poised for increased growth in the changing diagnostics space.
These findings reaffirm the leadership of Thyrocare in the diagnostic industry and its focus on providing value to shareholders.
Sources: Moneycontrol, BlinkX, INDmoney