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Ashish Kumar

15th Oct · SEBI-Registered Analyst

Thyrocare Posts Record Q2 Profit Surge, Declares Bonus and Dividend

THYROCARE
nologies Ltd. delivered blockbuster Q2 results for FY26, with net profit soaring 80% year-on-year to Rs 48 crore, up from Rs 27 crore in the same quarter last year. The diagnostics giant, India's top test volume processor, reported operational revenue climbing 22% to Rs 216.53 crore from Rs 177.36 crore in Q2 FY25. Consolidated EBITDA jumped 48% to Rs 71.45 crore, pushing margins to a healthy 33%. Highlighting operational strength, Thyrocare handled 53.3 million tests in the July-September period – a robust 21% YoY increase – solidifying its market dominance. In a shareholder-friendly move, the board approved a 2:1 bonus issue and an interim dividend of Rs 7 per share for FY26. Shares were trading higher in early sessions following the October 14 announcement.

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