Shares of the recently listed Sagility India shot up by 10% to hit their upper circuit at Rs 31.52 on the BSE in Tuesday's trade after the company posted a 30.5% year-on-year (YoY) jump in its adjusted Q2 PAT at Rs 163.6 crore for the July-September quarter.
Meanwhile, the revenue stood at Rs 1,325 crore, which is a growth of 21.1% on a YoY basis.
For the half year ended September 2024, the company’s adjusted PAT was reported at Rs 308.3 crore, a 15% YoY jump, while the revenues stood at Rs 2,548.4 crore, showing a 15.3% YoY increase in the said period.
As of September 30, 2024, Sagility has 45 active clients and the client NPS has improved to 53. The company has a presence in 5 countries with 32 delivery centers.
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“Sagility occupies a critical position in the US healthcare services space, supported by domain expertise and long-standing client relationships. Over the years we have built tech-enabled solutions and services to deliver best-in-class business outcomes for Payers and Providers, resulting in continued accretion to size and duration of our client engagements. Our runway for growth is long and is backed by a combination of favorable industry dynamics, our strategic investments in advanced technologies including AI and a strong orientation towards creating value for our clients,” said Ramesh Gopalan, Managing Director and Group CEO of Sagility India
