{"id":178200,"date":"2026-01-28T12:09:49","date_gmt":"2026-01-28T17:09:49","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=178200"},"modified":"2026-01-28T12:09:52","modified_gmt":"2026-01-28T17:09:52","slug":"thyrocare-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/thyrocare-q3-fy26-earnings-results\/","title":{"rendered":"Thyrocare Q3 FY26 Earnings Results"},"content":{"rendered":"\n<p>Thyrocare Technologies is engaged in the business of healthcare industry and is involved in providing quality diagnostic services at affordable costs to patients, laboratories and hospitals in India.<\/p>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q3 FY26 Earnings Results <\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: Consolidated \u20b9196 cr, +18% YoY vs \u20b9166 cr, total income \u20b9200.51 cr; standalone \u20b9183 cr (+20% YoY), \u20b9185.91 cr total income; pathology drove 93% growth with franchisee +12% YoY to \u20b9112 cr, partnerships +39% YoY to \u20b960 cr.<\/li>\n\n\n\n<li>EBITDA: Reported EBITDA +38% YoY, margins expanded on operating leverage, higher volumes; radiology dipped but diagnostics offset.<\/li>\n\n\n\n<li>PAT: Consolidated \u20b928.05 cr (+47% YoY vs \u20b919.1 cr), standalone \u20b926.15 cr (+37% YoY); EPS basic \u20b91.82 consolidated (+58% YoY); 9M consolidated PAT \u20b9114.15 cr (+65% YoY), revenue \u20b9618 cr (+21% YoY).<\/li>\n\n\n\n<li>Other key metrics: Tests 49.6 mn (+22% YoY), patients 4.5 mn (+14% YoY), active franchisees 10,300 (+12% YoY), complaints\/1mn tests 3.2 (\u221243% YoY), NABL labs 97%; 9M standalone PAT \u20b9105.23 cr (+42% YoY).<\/li>\n<\/ul>\n\n\n\n<div style=\"height:36px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary &amp; Strategic Decisions<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Strong diagnostics momentum with <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/9ae0eede-403e-43a0-ac35-5a3b30869293.pdf\" target=\"_blank\" rel=\"noopener\">volume\/margin tailwinds<\/a>, franchise expansion; radiology softness noted but overall execution robust amid demand.<\/li>\n\n\n\n<li>Strategic moves: Lab network\/franchisee ramp-up, quality focus (97% NABL), Madhuri Dixit brand ambassador; code of conduct amendments for insiders; earnings call Jan 28.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-101-839x1024.png\" alt=\"\" class=\"wp-image-178201\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-101-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-101-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-101-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-101-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-101.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q2 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: Consolidated \u20b9216.5 cr (+22% YoY vs \u20b9177 cr), +12% QoQ; standalone \u20b9202 cr (+24% YoY); diagnostics >93%, imaging \u20b914.2 cr.<\/li>\n\n\n\n<li>EBITDA: Margin 33% (+expansion YoY), expenses +10% YoY lagging revenue.<\/li>\n\n\n\n<li>PAT: Consolidated \u20b947.9 cr (+81% YoY vs \u20b926.4 cr), standalone \u20b943 cr (+48% YoY); H1 PAT \u20b986.1 cr (+71% YoY).<\/li>\n\n\n\n<li>Other key metrics: H1 revenue +22% YoY; bonus issue 2:1, interim dividend \u20b97\/share; costs: materials \u20b959.8 cr, employees \u20b933.2 cr.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:34px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary Q2<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Stellar growth via testing volumes, leverage; diagnostics\/imaging synergy building.<\/li>\n\n\n\n<li>Strategic moves: Bonus 2:1, dividend \u20b97\/share (record Oct 24); H1 sets positive FY26 trajectory.<\/li>\n<\/ul>\n\n\n\n<p>To view the company\u2019s previous earnings and latest concall transcripts,&nbsp;<a href=\"https:\/\/alphastreet.com\/india\/\">click here<\/a>&nbsp; to visit the Alphastreet India news channel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thyrocare Technologies is engaged in the business of healthcare industry and is involved in providing quality diagnostic services at affordable costs to patients, laboratories and hospitals in India. Q3 FY26 Earnings Results Management Commentary &amp; Strategic Decisions Q2 FY26 Earnings Results Management Commentary Q2 To view the company\u2019s previous earnings and latest concall transcripts,&nbsp;click here&nbsp; [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,5747],"tags":[8975],"class_list":["post-178200","post","type-post","status-publish","format-standard","hentry","category-infographics","category-healthcare-stocks","tag-diagnostics-research"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":179000,"url":"https:\/\/alphastreet.com\/india\/tata-chemicals-q3-fy26-earnings-results\/","url_meta":{"origin":178200,"position":0},"title":"Tata Chemicals Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 2, 2026","format":false,"excerpt":"Incorporated in 1939, Tata Chemicals Ltd manufactures and exports basic chemistry and specialty products. Q3 FY26 Earnings Results Revenue from Operations: Consolidated \u20b93,550 cr, \u22121.1% YoY vs \u20b93,590 cr, \u22123% QoQ vs \u20b93,719 cr; subdued pricing, lower volumes in international soda ash, UK reconfiguration impact. EBITDA: \u20b9345 cr, \u221220.5% YoY\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-18.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-18.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-18.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-18.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-18.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-18.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179792,"url":"https:\/\/alphastreet.com\/india\/krsnaa-diagnostics-q3-fy26-earnings-results\/","url_meta":{"origin":178200,"position":1},"title":"Krsnaa Diagnostics Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 6, 2026","format":false,"excerpt":"Krsnaa Diagnostics Ltd provides a range of technology-enabled diagnostic services such as imaging, clinical laboratory, and teleradiology services to hospitals, medical colleges, and community health centers across India with an extensive network across non-metro and lower-tier cities and towns. Q3 FY26 Earnings Results Revenue from Operations: \u20b9174.5 cr, +10.2% YoY\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":178311,"url":"https:\/\/alphastreet.com\/india\/phoenix-mills-q3-fy26-earnings-results\/","url_meta":{"origin":178200,"position":2},"title":"Phoenix Mills Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 29, 2026","format":false,"excerpt":"Phoenix Mills Ltd is engaged in the operation & management of malls, construction of commercial & residential property and hotel business in India. Its core businesses include Retail, Office, Hotel and Asset Management. 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Q3 FY26 Earnings Results Revenue from Operations: Consolidated \u20b9685 cr, +5.7% YoY vs \u20b9666 cr, +13.35% QoQ\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=178200"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178200\/revisions"}],"predecessor-version":[{"id":178202,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178200\/revisions\/178202"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=178200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=178200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=178200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}