![Revenue of diagnostics firms to fall 5-7% on fewer Covid-19 tests: Report](https://images.assettype.com/fortuneindia%2F2022-01%2Ff992c3d4-5900-49a9-89c8-dc54f29e301d%2FCovid_tests.jpg?rect=0,888,4394,2197&w=300&q=95)
Revenue of diagnostics firms to fall 5-7% on fewer Covid-19 tests: Report
Decline in revenue along with higher operating expenses, largely marketing and advertisement related, will lead to moderation in operating margins to pre-pandemic levels.
Decline in revenue along with higher operating expenses, largely marketing and advertisement related, will lead to moderation in operating margins to pre-pandemic levels.
Karnataka logged over 47,000 new Covid-19 cases on Thursday, including over 30,000 cases reported in Bengaluru.
Centre has asked eight states to proactively address the spurt in Covid-19 cases to avoid large scale transmission and increased mortality rates.