Thyrocare Technologies shares dip on weak Q1 results

Arushi Mishra Updated - August 03, 2023 at 10:46 AM.

Thyrocare Technologies reports 20% decline in profit for June quarter

File image | Photo Credit: ThitareeSarmkasat

Thyrocare Technologies Ltd’s shares fell by 1.71 per cent after it reported a 20 per cent decline in profit for the quarter ending June 30, 2023, to Rs 17.25 crore from Rs 21.73 crore during the corresponding quarter last year. 

TRevenues were up by 5.5 per cent to Rs 134.89 crore, compared to Rs 127.79 crore last year. Sequentially, the company’s profits were higher by 38 per cent from Rs 12.49 crore in the previous quarter.

The shares were trading at Rs 572 at 09.44 am on BSE.

Published on August 3, 2023 05:16

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