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Agilus Diagnostics lowers marketing spend 2 years after rebranding

In FY25, an additional Rs 50 crore was spent on marketing over and above the usual budget

SRL Diagnostics, Agilus Diagnostics, Anand K, marketing spend, pharma
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Currently, the South contributes 32 per cent of revenue to the Delhi-NCR-headquartered Agilus, while the North accounts for around 30 per cent

Sohini Das Mumbai

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(This report has been updated)  Nearly two years after its rebranding, Agilus Diagnostics (formerly SRL Diagnostics) is now confident about reducing marketing expenses initially undertaken to create awareness around the name change. From nearly 5 per cent of revenue in 2024-25 (FY25), marketing spend is expected to decrease to 2.5-3 per cent in 2025-26, a senior executive said.
 
Speaking to Business Standard, Anand K, managing director and chief executive officer of Agilus, which rebranded in May 2023, said that while some marketing expenditure will continue in the fourth quarter of FY25 and first quarter of 2025-26 (FY26), spending is