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Thyrocare shares surge after 82% YoY PAT jump in Q2
Thyrocare’s Q2 profit jumps 82%, shares rally; robust operations, volume, and cost efficiency key drivers.
Thyrocare Technologies posted a spectacular Q2 with profit after tax up 82% YoY, driving its shares ~16% higher to a fresh 52-week high. The strong performance was attributed to improved operational leverage, higher volume in diagnostics, and cost controls. Investors cheered the earnings surprise, pushing valuations upward. While revenue growth was healthy, analysts will now focus on margin sustainability and expansion into newer geographies to validate this strength.