Sagility India announced its consolidated financial results for the quarter and half year ended September 30, 2024. Post the announcement, on Wednesday, Sagility India was in focus.
On November 27, 2024, Sagility India share price opened at ₹34.00, up from its previous close of ₹31.54. At 12:48 PM, the share price of Sagility India was trading at ₹33.57, up by 6.44%.
For the quarter ended September 30, 2024, Sagility India reported revenue of ₹13,250 million (US$ 157.9 million), achieving a year-on-year growth of 21.1%.
The company’s Adjusted EBITDA stood at ₹3,378 million (US$ 40.3 million), accounting for 25.5% of its revenue and reflecting a growth of 22.2% compared to the same period last year.
Adjusted PAT for the quarter reached ₹1,636 million (US$ 19.5 million), representing 12.3% of revenue and registering an impressive 30.5% year-on-year growth.
For the half year ended September 30, 2024, Sagility India recorded revenue of ₹25,484 million (US$ 304.5 million), showing a year-on-year growth of 15.3%.
Adjusted EBITDA was ₹6,538 million (US$ 78.1 million), constituting 25.7% of revenue and growing 12.8% year-on-year.
Adjusted PAT stood at ₹3,083 million (US$ 36.8 million), representing 12.1% of revenue and a year-on-year growth of 15.1%.
Sarvabhouman Srinivasan, Group Chief Financial Officer, commented on the company’s consistent performance, stating, “Our EBITDA margin is consistent with our historical performance, and we will continue to make investments in technology, AI use cases to deliver superior outcomes and create value for our stakeholders.”
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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