THYROCARE

** Shares of Thyrocare Technologies THYO.NS rise as much as 18.7% to 912.70 rupees, sharpest intraday pct gain since July 24, 2024

** Diagnostics firm on Wednesday reported 22% Y/Y jump in Q4 consol net profit while rev from ops rose 21.3% Y/Y

** Share price above 50-day, 100-day and 200-day exponential moving averages

** Stock sees most active trading session since July 2024 with more than 1.6 mln shares change hands, 36.5x of 30-day avg

** Stock last up 12.3%, cutting YTD loss to 5.1%

($1 = 85.5410 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

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April 23 (Reuters) - Thyrocare Technologies Ltd THYO.NS:

• RECOMMENDS FINAL DIVIDEND OF 21 RUPEES PER SHARE FOR FY 2024-25

• MARCH-QUARTER CONSOL NET PROFIT 217 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.87 BILLION RUPEES

Source text: ID:nBSE3zQTqj

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March 3 (Reuters) - Thyrocare Technologies Ltd THYO.NS:

• MADE ADDITIONAL INVESTMENT OF $25,000 IN JV CO

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** Shares of Thyrocare Technologies THYO.NS rise as much as 4.5% to 949.60 rupees, hitting the highest level since Feb. 11, 2022

** Diagnostics firm on Wednesday reported a 31.1% YoY rise in Q2 consolidated net profit, Q2 rev from ops rose 19.8% YoY

** Stock rose 27.4% in Sept-qtr, marking its second straight quarterly gain

** Stock last up 2.6%, pushing YTD gains to 44.9%; on track for best yearly gain since 2020

(Reporting by Ashish Chandra in Bengaluru)

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Aug 30 (Reuters) - Vimta Labs Ltd VIML.NS:

• ENTERED INTO BUSINESS TRANSFER AGREEMENT WITH THYROCARE TECHNOLOGIES

• TO SELL ITS DIAGNOSTICS, PATHOLOGICAL SERVICES BUSINESS TO THYROCARE

• DEAL FOR 70 MILLION RUPEES

Source text for Eikon: ID:nBSE9YlpNx

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(Reporting by VijayDattaram Malkar)

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** Shares of Krsna Diagnostics KRSN.NS up ~ 5% at 672.70 rupees

** Co on Tuesday reported 24% Y/Y surge in Q1 profit after tax, while rev rose 22%

** Stk down 6.3% YTD, biggest drag among diagnostic stocks

** Peers Vijaya Diagnostic VIJA.NS up 18% YTD, Thyrocare THYO.NS up ~ 21%, Metropolis Health METP.NS up 23%, Dr Lal Path DLPA.NS up 23%

** KRSN, Thyrocare "strong buy" rated on average; METP, DLPA "hold" rated, while VIJA "buy" rated - LSEG

(Reporting by Sethuraman NR in Bengaluru)

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July 25 (Reuters) -

• THYROCARE TECHNOLOGIES ACQUIRES POLO LABS' PATHOLOGY DIAGNOSTIC BUSINESS - STATEMENT

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** Shares of Thyrocare Technologies THYO.NS gain 10% in heavy trading, set for third straight session of gain

** Diagnostics firm reported ~40% Y/Y climb in Q1 consol net profit on strong testing demand; rev from ops climbed 16% Y/Y

** Trading volume more than 8x the 30-day moving average

** Stock up 11% YTD vs bigger rival Dr. Lal PathLabs' DLPA.NS ~17% rise

(Reporting by Kashish Tandon in Bengaluru)

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July 23 (Reuters) - Thyrocare Technologies Ltd THYO.NS:

• JUNE-QUARTER CONSOL NET PROFIT 241.7 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.57 BILLION RUPEES

Source text for Eikon: ID:nNSE4DfP6V

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July 2 (Reuters) - Thyrocare Technologies Ltd THYO.NS:

• THYROCARE TECHNOLOGIES - EXECUTION OF BUSINESS TRANSFER AGREEMENT WITH POLO LABS

• THYROCARE TECHNOLOGIES - CO WOULD BE ACQUIRING POLO'S DIAGNOSTIC, PATHOLOGICAL SERVICES BUSINESS

• THYROCARE TECHNOLOGIES - DEAL FOR 42.6 MILLION RUPEES

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May 14 (Reuters) - Thyrocare Technologies Ltd THYO.NS:

• DIVIDEND OF 18 RUPEES PER SHARE

• MARCH-QUARTER CONSOL NET PROFIT 177.8 MILLION RUPEES VERSUS PROFIT 126 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.54 BILLION RUPEES VERSUS 1.36 BILLION RUPEES

Source text for Eikon: ID:nBSE1tNjhF

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BENGALURU, May 10 (Reuters) - Dr. Lal PathLabs DLPA.NS, India's biggest diagnostics firm by revenue, posted a bigger profit for the fourth straight quarter on Thursday, led by the addition of more labs and increased demand for medical tests.

The company's consolidated net profit jumped 49% year-on-year to 845 million rupees ($10.1 million) in the fourth quarter.

Its shares climbed as much as 7.8% after the results before trimming some gains to trade up about 6%. Rival Metropolis Healthcare METP.NS was up about 2% and Thyrocare Technologies THYO.NS gained about 1%.

Analysts expect Indian diagnostic firms to benefit from geographic expansions and price hikes.

"We're expanding our reach in core markets by strengthening our presence in Tier 3 and Tier 4 towns," Dr. Lal PathLabs Chief Executive Officer-designate Shankha Banerjee said.

The number of samples tested grew 8.5% during the quarter, and was up roughly 10% for the fiscal year.

The company, which operates more than 280 labs in India, said total revenue climbed by 11% to 5.45 billion rupees.

Thyrocare is scheduled to report its fourth-quarter results next week.

($1 = 83.4872 Indian rupees)

(Reporting by Kashish Tandon and Nandan Mandayam in Bengaluru; Editing by Savio D'Souza)

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April 1 (Reuters) - Thyrocare Technologies Ltd THYO.NS:

• RECEIVED RECTIFICATION ORDER FROM INCOME TAX DEPARTMENT, MUMBAI

• RECEIVED RECTIFICATION ORDER RAISING DEMAND AT 512.9 MILLION RUPEES

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** Shares of Thyrocare Technologies THYO.NS rise as much as 12.7% to 722.7 rupees, highest since Dec. 22, 2022

** The healthcare services provider said on Tuesday it completed acquisition of 100% stake in Think Health

** Think Health provides analytical services and healthcare paramedical services

** THYO eyes eight consecutive session of gains

** More than 1.6 mln shares change hands, 26.3x its 30-day avg; on track to see most active trading session in over one years

** THYO trading above its 200-day simple moving avg since late Oct.

** Stock has gained ~13% so far in Feb.

(Reporting by Ashna Teresa Britto in Bengaluru)

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Feb 1 (Reuters) - Thyrocare Technologies Ltd THYO.NS:

• ENTERED INTO SHARE PURCHASE AGREEMENT WITH THINK HEALTH DIAGNOSTIC

• TO ACQUIRE 100% STAKE IN THINK HEALTH

• COST OF ACQUISITION AT 3.2 MILLION RUPEES

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** Shares of Indian diagnostic firms including Dr. Lal PathLabs DLPA.NS, Metropolis Healthcare METP.NS and Thyrocare Technologies THYO.NS rise over 4%

** METP hits its peak since April 5, 2022, and THYO achieves its highest level since Dec. 22, 2022

** DLPA posts biggest intraday gain since Nov. 3

** Between 2020 and 2021, diagnostic firms in India made profits from testing for Coronavirus infection among millions of patients; since India eased pandemic curbs, profits have waned

** India reports 594 new daily cases of COVID, up about 151% from a week ago - Health Ministry data

** "During the COVID-19 pandemic, diagnostic companies emerged as major beneficiaries, benefiting from the surge in demand for COVID testing. Alongside this, there was an increase in the demand for various medical supplies, including devices, injections, oximeters, and more," says Abdulkader Puranwala, assistant vice president, ICICI Securities

(Reporting by Navamya Ganesh Acharya and Rama Venkat in Bengaluru)

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Oct 31 (Reuters) - Thyrocare Technologies Ltd THYO.NS:

• SEPT-QUARTER CONSOL NET PROFIT 203.4 MILLION RUPEES VERSUS PROFIT 154.3 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 1.48 BILLION RUPEES VERSUS 1.35 BILLION RUPEES

Source text for Eikon: ID:nBSE14kkQP

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Sept 19 (Reuters) - Thyrocare Technologies Ltd THYO.NS:

• ENTERED INTO A SUBSCRIPTION AGREEMENT AT TANZANIA WITH KASTIPHARM LIMITED

• DEAL FOR SETTING UP JOINT VENTURE COMPANY FOR PURPOSE OF PROVIDING DIAGNOSTIC AND HEALTHCARE SERVICES

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** Shares of Thyrocare Technologies THYO.NS fall as much as 3.45% to 570.05 rupees

** Healthcare service provider posts 20.39% year-on-year fall in consolidated net profit to 173 mln rupees in June quarter

** EBITDA (Earnings before interest, tax, depreciation and amortisation), as calculated by Reuters, fell 4.48% to 343.1 mln rupees

** EBITDA margin contracts to 25.41% from 28.06% Y/Y

** Including session's fall, stock down 6.13% in 2023 so far compared to 18.24% rise in Nifty Healthcare index .NIFHEIN - Refinitiv data

(Reporting by Bharath Rajeswaran in Bengaluru)

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Aug 1 (Reuters) - Thyrocare Technologies Ltd THYO.NS:

• INDIA'S THYROCARE TECHNOLOGIES JUNE-QUARTER CONSOL PROFIT 172.5 MILLION RUPEES VERSUS 217.3 MILLION RUPEES

• THYROCARE TECHNOLOGIES LTD JUNE-QUARTER CONSOL TOTAL INCOME 1.36 BILLION RUPEES VERSUS 1.29 BILLION RUPEES

• THYROCARE TECHNOLOGIES LTD - NAMES ALOK KUMAR JAGNANI AS CHIEF FINANCIAL OFFICER

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** Shares of healthcare service provider Thyrocare Technologies THYO.NS down as much as 4.28% at 450.05 rupees, lowest since May 8

** Co hits sharpest intraday pct loss since April 20

** THYO reports 40.7% Y/Y fall in consolidated net profit for the quarter ended March 31 to 126 mln rupees ($1.54 mln)

** About 110,333 shares change hands as of 11:32 a.m. IST, 1.4x the 30-day average

** Stock down 24% YTD as of last close

($1 = 81.7800 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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BENGALURU, May 11 (Reuters) - India's Dr. Lal PathLabs Ltd DLPA.NS on Thursday reported a sixth consecutive fall in quarterly profit as a continued slide in income from COVID-related testing outpaced growth in its core business.

The medical diagnostics firm, India's largest by revenue, posted a consolidated net profit of 567 million rupees ($6.93 million) in the three months to March 31, down from 613 million rupees a year earlier.

Earnings margin before interest, taxes, depreciation, and amortisation contracted to 23.6% from 24.9% a year ago.

Dr. Lal PathLabs is the first among its peers to report results and will set the tone for an intensely competitive industry that made a windfall during the pandemic but has since sharply slipped.

Shares of the company and its listed rivals Metropolis Healthcare METP.NS, Thyrocare Technologies THYO.NS and Vijaya Diagnostic Centre VIJA.NS have fallen between 45% and 68% from their all-time highs in 2021, as of their last close.

Analysts have since set their sights on companies' ability to widen their range of tests and geographic reach, noting that Dr. Lal PathLabs is best placed among its competitors to grow in the long term.

Over the period of more than a year, the company, which has a strong presence in northern and eastern India besides its New Delhi base, has sought to expand to smaller cities and other regions in the country through acquisitions.

Revenue grew a mere 1.1% to 4.91 billion rupees, with the non-COVID segment contributing to nearly 98% of the total.

Revenue from the COVID and allied segments was down to just 110 million rupees, from 660 million rupees a year before.

Shares of Dr. Lal PathLabs fell as much as 3.2% to 1,888.10 rupees after reporting results.

($1 = 81.7800 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru; Editing by Sonia Cheema)

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