Sagility India Shares Jump 9% on Robust Q2 Performance

26 Nov 2024 , 11:25 AM

Sagility India’s shares rose by 9.97% at 11:23 am on November 26, 2024,  following the report of the strong quarterly results for July-September, with growth across key metrics. The stock has gained a total of 7.5% in the last one year, and 7.5% growth since the beginning of the year.

The company reported a 30.5% net profit year-over-year increase, at ₹163.60 crores. Revenue jumped 21% year-over-year to ₹1,325 crore during the quarter. Improvement in operational performance was also witnessed with EBITDA increasing by 22% to ₹337.80 crore, at 25.5% of total revenue.

Sarvabhouman Srinivasan, Group CFO: Consistent EBITDA margins. Continuous investments in technology and AI to create value for all stakeholders Ramesh Gopalan, Managing Director and Group CEO: Sagility is a leader in the US healthcare services. Strong domain experience, excellent client relationships Mr. Gopalan was bullish about future growth, citing industry trends, strategic investments in advanced technologies like AI, and a client-focused approach.