UpdatesCompany Update
3B BlackBio Dx Limited reported consolidated Q1 revenue of ₹22.23 Cr and profit after tax of ₹12.64 Cr.
3B BlackBio Dx Ltd532067 · Filed with the exchange
The company has acquired 100% stake in CorisHolding SRL, Belgium, a rapid diagnostic solutions manufacturer, for £2.765 Million.
This strategic move aims to strengthen its position in the IVD segment and combat Antimicrobial Resistance, complementing existing molecular diagnostics.
The company projects 15-20% growth for its MDx business in FY25-26, supported by long-term reagent-rental contracts, which are expected to contribute 20-25% of total revenue.
Additionally, the company announced a final dividend of 40% (₹4 per share) for FY24-25.
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