Overbilling is not a simple game, it is a serious calculation, said A Velumani, Chairman, CEO and Managing Director of Thyrocare Technologies.
Thyrocare Technologies posted a good set of numbers this quarter. In an interview to CNBC-TV18, A Velumani, Chairman, MD & CEO of Thyrocare Technologies discussed the company's Q1 performance.
In an interview to CNBC-TV18, A Velumani, Chairman, CEO & MD of Thyrocare Technologies spoke about the results and his outlook for the company.
Thyrocare Technologies is betting big on the radiology vertical which requires huge capex, but is capable of bringing in good business, says Chairman, CEO & MD A Velumani.
Diagnostics company Thyrocare Technologies felt the blow of demonetisation in the month of November but was back on its feet and saw growth at 24 percent in the month under review.
USFDA has issued notice to the Hyderabad unit of Aurobindo Pharma and calming the nerves of the investors Surajit Pal of Prabhudas Lilladher says that it is a non-event and there is no need to worry.
Thyrocare‘s revenue grew 21.7 percent to Rs 69.36 crore and operating profit margins improved to 39.4 percent in the first quarter of FY17.
A regulatory body for labs could help the unorganised sector as well as help mitigate risks for companies, says A Velumani, Chairman, CEO & MD of the company.
The newly listed Thyrocare Technologies aims to maintain the revenue growth of 30 percent in FY17, says the CEO and CMD A Velumani, in an exclusive interview with CNBC-TV18.
Thyrocare neither has any revenue share agreement with doctors nor does it pay them any commissions to send patients to their laboratories, says CMD A Velumani.