Shares of Thyrocare Technologies surged over 7% on Wednesday morning. The company announced steady Q2FY26 results. The company’s strong results showed remarkable growth, leading to a positive investor sentiment.
Q2FY25 results boost investors’ confidence
Thyrocare’s second-quarter reports showed a jump of 82% year-on-year (YoY) in its consolidated net profit, reaching ₹48 crore.
The company’s revenue increased by 22%, reaching ₹216.53 crore for the second quarter. The key factor for this growth was Thyrocare’s crore pathology segment.
Thyrocare’s earnings before interest, taxes, depreciation, and amortization (EBITDA) have risen by 49 percent to rupees 75 crore, with EBITDA margins expanding to 33%.
Bonus Issue and dividend declaration for shareholders
Company’s board of directors (BOD) announced a bonus issue of equity shares in the ratio of 2:1, meaning every shareholder would receive two bonus shares for every one share held. The specific date is yet to be announced.
The board of directors also added that an interim dividend of rupees 7 per equity share. The date to roll out the dividends has been fixed on October 24, 2025.
According to Upstox, MD and CEO Rahul Guha said, the company is happy to announce the positive results and the shareholders' rewards, which is again coinciding with the auspicious occasion of Diwali.
He further mentions that, “These numbers underscore our continued focus on operational excellence, network expansion, and value-driven diagnostics. As we deepen our presence in underserved regions and scale our franchise and partner channels, we remain committed to delivering high-quality, affordable healthcare services across India.”
This combination of Q2 results, bonus issue, and interim dividend announcement has led to a positive impact in the market, which has resulted in Thyrocare’s share price skyrocketing.
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