BSECompany Update8h ago · 23 Jul 2026, 04:01 pm
Please find attached the Press Release on the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended on June 30, 2026
Thyrocare Technologies Ltd · 539871
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Thyrocare Technologies Ltd reported Q1FY27 results with revenue of INR 240.02 Cr, a 24% YoY growth, driven by a 26% increase in the Pathology segment. EBITDA grew by 34% YoY to INR 77.27 Cr, and PAT grew by 34% YoY to INR 51.33 Cr. The company expanded into Specialty Diagnostics, marking the next phase of its growth journey.
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Thyrocare Technologies Ltd - 539871 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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July 23, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza Phiroze Jeejeebhoy Towers
Bandra Kurla Complex, Dalal Street,
Bandra (E), Mumbai - 400051 Mumbai- 400001
(SYMBOL: THYROCARE) (SCRIP CODE: 539871)
Sub: Press Release on Unaudited Financial Results (Standalone and Consolidated) for
the quarter ended June 30, 2026
Ref: Disclosure under Regulation 30 and other applicable regulations of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/ Madam,
Please find enclosed - the Press Release on the unaudited Financial Results (Standalone and
Consolidated) for the quarter ended June 30, 2026.
The same is also being made available on the Company’s website
https://investor.thyrocare.com/
We request you to please take the same on record.
Yours Faithfully,
For Thyrocare Technologies Limited,
Brijesh Kumar
Company Secretary and Compliance Officer
Encl. A/a
NEWS Release
Thyrocare Technologies Limited reports revenue of INR
240.02 Cr in Q1FY27 with a growth of 24% YoY
Revenue EBITDA PAT
INR 240.02 Cr INR 77.27 Cr INR 51.33 Cr
24% YoY 34% YoY 34% YoY
Navi Mumbai, July 23, 2026
Thyrocare Technologies Limited (hereinafter referred to as “Thyrocare” NSE: THYROCARE,
BSE: 539871), a leading healthcare diagnostics company, announces their results for the quarter ended
June 30, 2027.
From Routine to Remarkable: The Next Frontier of Diagnostics
• Thyrocare expanded into Specialty Diagnostics, marking the next phase of its growth journey and the
next frontier of diagnostics. The Company commenced this journey with Allergy and Genomics and
progressively expanded its specialty test portfolio, with a focus on building clinical trust through scientific
rigor, uncompromising quality, and industry-leading turnaround times
K ey Financial Highlights for Q1FY27
• Consolidated revenue registered a 24% year-on-year growth, driven primarily by a 26% increase in the
Pathology segment
• In the Pathology business, franchise revenue grew by 27% year-on-year, while partnership revenue
recorded 26% year-on-year growth
• Thyrocare, India’s largest diagnostic test volume processor, processed 55.2 million tests in Q1FY27,
marking a strong 28% year-on-year growth and reinforcing its volume leadership position in the industry
• Consolidated EBITDA grew by 34% year-on-year to Rs 77.27 Cr, and Profit After Tax (PAT) grew by 34%
year-on-year to Rs 51.33 Cr
• Sustained Six Sigma quality standards, reducing complaints per million tests to 3.1 (down 24% YoY) with
ATAT at 3.37 hours - India's first diagnostic chain to hit this benchmark
Thyrocare Reports Robust Q1FY27 Results – Revenue Up 24%, PAT
Up 34%
The company delivered a robust performance in Q1FY27 with consolidated revenue of ₹240.02 crore,
registering a strong 24% year-on-year growth, led by continued momentum in the Pathology segment
which grew 26% YoY. EBITDA rose by 34% YoY to ₹77.27 crore. Profit After Tax surged 34% YoY to
₹51.33 crore, underscoring the company’s focus on profitable growth.
India’s largest diagnostic test volume processor further strengthened its volume leadership position
during the quarter, processing 55.2 million tests up 28% year-on-year. The Pathology business
maintained strong traction with franchise revenue up 27% and partnership revenue up 26% year-
on-year.
Thyrocare's unwavering commitment to quality delivered Six Sigma excellence by reducing complaints
to 3.1 per million (down 24% YoY) with ATAT at 3.37 hours from sample receipt, positioning the
company as India's first diagnostic chain to attain this benchmark.
Thyrocare expanded into Specialty Diagnostics, marking the next phase of its growth journey and the
next frontier of diagnostics. The Company commenced this journey with Allergy and Genomics and
progressively expanded its specialty test portfolio, with a focus on building clinical trust through scientific
rigor, uncompromising quality, and industry-leading turnaround times
Senior management remarks:
“Thyrocare reported a strong performance this quarter, driven by continued focus on operational
efficiency, network expansion, and value-driven diagnostics. During the period, we also strengthened
our specialty portfolio with the addition of allergy testing and entry into genomics through the launch of
NIPT, with a phased expansion of the test menu underway. Thyrocare continues to expand its reach in
underserved regions and scale its franchise and partner network, while remaining committed to
delivering high-quality, affordable healthcare services across India”
– Rahul Guha, MD & CEO, Thyrocare Technologies Ltd
Consolidated Financial Performance for Q1FY27
About Thyrocare
Thyrocare Technologies Limited (NSE: THYROCARE, BSE: 539871) is India's first and foremost
advanced fully automated laboratory chain with strong presence PAN India. Thyrocare focuses on
providing quality and affordable diagnostic services to patients, healthtech and wellness providers,
insurance companies, pharmaceutical companies, franchisees, laboratories, hospitals and the
government. Many leading healthcare product and services brands all over India use the
comprehensive test profile menu offered by Thyrocare.
Thyrocare has an extensive network of laboratories across PAN India. Thyrocare has a Quarterly active
franchise count of ~11,700 and processed 55.2mn diagnostic and screening investigations in Q1FY27.
Thyrocare is one of the first Indian diagnostic laboratories to obtain internationally renowned quality
accreditations including ISO 9001-2000 rating as early as 2001, which was upgraded to ISO 9001:2015
and National Accreditation Board for Testing and Calibration Laboratories (NABL) and College of
American Pathologists (CAP) accreditations in 2005.
Safe harbor statement
Statements in this document relating to future status, events, or circumstances, including but not limited
to statements about plans and objectives, the progress and results of research and development,
potential project characteristics, project potential and target dates for project related issues are forward-
looking statements based on estimates and the anticipated effects of future events on current and
developing circumstances. Such statements are subject to numerous risks and uncertainties and are
not necessarily predictive of future results. Actual results may differ materially from those anticipated in
the forward-looking statements. Both the companies assume no obligation to update forward-looking
statements to reflect actual results changed assumptions or other factors.
For further details please contact:
Brijesh Kumar
Company Secretary and Compliance Officer
brijesh.jha@thyrocare.com
+91 84229 45537
Company: Thyrocare Technologies Limited
CIN: L85110MH2000PLC123882
Website: www.thyrocare.com