Try GOLD - Free
Thyrocare’s strategy shift drives steady turnaround
Financial Express Lucknow
|October 16, 2025
THYROCARE TECHNOLOGIES' STEADY revival is beginning to bear fruit, as the strategic course it charted two years ago continues to translate into stronger growth and healthier margins. The diagnostics firm’s July-September quarter performance underlines that shift, powered by operational efficiency, a sharper franchise model,and disciplined cost control, markingaclearturnaround from its post-Covid slump.
After a turbulent period following its 2021 acquisition by API Holdings, parent of PharmEasy, Thyrocare undertook a broad restructuring in FY24 aimed at stabilising its core business. It streamlined costs, introduceda“pay-for-performance” — compensation model across its franchise network, and recalibrated its focus towards sustainable, volume-led growth. Those measures are nowyielding visible results.
This story is from the October 16, 2025 edition of Financial Express Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Lucknow
Financial Express Lucknow
NFRA rolls out audit toolkit to aid small, medium practitioners
THE NATIONAL FINANCIAL Reporting Authority (NFRA) on Monday rolled out audit practice toolkits to support small and medium practitioners and strengthen audit quality across the country.
1 min
November 04, 2025
Financial Express Lucknow
The Rohtak chhori who dared to dream big and make a comeback
“CHHORI NE DIKHA diya ki Shafali comeback karna jaanti hai!” The father of Shafali Verma, the player of the Women's World Cup final, sums up her unforgettable night in an earthytone.
2 mins
November 04, 2025
Financial Express Lucknow
CASA ratio up a tad as banks aim to protect NIMs
BANKS ARE STEPPING up efforts to grow current account and savings account (CASA) deposits, in a bid to protect margins amid a competitive deposit environment.
1 mins
November 04, 2025
Financial Express Lucknow
MUFG in talks to acquire 20% in Shriram Finance
JAPANESE BANKING GIANT Mitsubishi UFJ Financial Group (MUFG) is in advanced negotiations to acquire a 20% stake in Shriram Finance, according to a report by Moneycontrol. This could be one of the biggest deals in the non-banking financial companies (NBFC) space this year.
1 min
November 04, 2025
Financial Express Lucknow
Godrej Consumer may see margin recovery
DRIVEN BY TRADE NORMALISATION AND FESTIVE-SEASON TAILWINDS
1 mins
November 04, 2025
Financial Express Lucknow
LPG sops to drive OMCs profit in H2
STATE-OWNED OlL marketing companies (OMCs) are likely to sustain their profitability momentum in the remaining quarters of the fiscal 2025-26 on the back of robust refining and firm marketing margins,as per analysts.
1 min
November 04, 2025
Financial Express Lucknow
Resumption of EU FTA talks to bridge gaps
INDIA AND THE European Union (EU) on Monday resumed negotiations on their Free Trade Agreement (FTA) with a team from Brussels arriving here.
1 mins
November 04, 2025
Financial Express Lucknow
White-collar hiring dips 9% in October
THE WHITE-COLLAR HIRING activity in October declined 9% year-on-year as the Diwali-Dussehra festive holidays temporarily impacted recruitment momentum, a report said on Monday.
1 min
November 04, 2025
Financial Express Lucknow
Shriram Finance shares jump 6% post earnings
SHARES OF SHRIRAM Finance on Monday closed up 6.18% at %795.15 on the National Stock Exchange as the NBFC major reported a consolidated net profit of $2,315 crore for the quarter ended September, up 11.6% year-on-year.
1 min
November 04, 2025
Financial Express Lucknow
Microsoft signs $9.7-bn AI cloud deal with IREN
MICROSOFT HAS SIGNED an approximately $9.7 billion deal to purchase AI cloud capacity from IREN, becoming the Australian company’s largest customer.
1 mins
November 04, 2025
Listen
Translate
Change font size