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Thyrocare Technologies announced that as part of the ongoing leadership development across the group, the company has received an intimation dated 06 August 2025 from API Holdings (API), the ultimate holding company of Thyrocare, stating that the Board of Directors of API has approved the appointment of Rahul Guha, Managing Director and Chief Executive Officer of Thyrocare, with the additional responsibility of Managing Director and Chief Executive Officer of API, with effect from 27 August 2025.
Prior to this, Guha was serving as President – Operations at API and KMP, focusing on driving synergies across API and its group companies.
Total expenses rose 16.45% YoY to Rs 147.45 crore during the quarter. Employee benefits expenses stood at Rs 33 crore (up 14.9%), while the cost of materials consumed was at Rs 55.41 crore (up 24.1% YoY) during the period under review.
The company's revenue from Diagnostic Testing Services was at Rs 178.33 crore (up 24.52% YoY), while revenue from Imaging Services stood at Rs 14.04 crore (up 7.67% YoY) in Q1 FY26.
Reported EBITDA improved 37% YoY to Rs 57.46 crore in the June 2025 quarter from Rs 42.01 crore reported in the corresponding period the previous year. EBITDA margin increased to 30% in Q1 FY26 compared to 27% reported in the corresponding quarter last fiscal year.
Meanwhile, the company announced the appointment of Vikram Gupta as the chief financial officer (CFO) of the company, effective from 24 July 2025.
The counter hit a 52-week high of Rs 1,356.95 in intraday today.
Thyrocare Technologies is engaged in the business of the healthcare industry and is involved in providing quality diagnostic services at affordable costs to patients, laboratories, and hospitals in India.