Diagnostic and preventive care laboratory chain, Thyrocare Technologies Ltd., is targeting a compounded annual growth rate of 25 percent over the next five years, as it seeks to increase penetration in Uttar Pradesh, Bihar, Odisha and Rajasthan.
A Velumani, chief executive officer of Thyrocare said profitability has been improving on volume expansion. Going ahead, the company will keep lower pricing as a buffer if competition intensifies.
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