On December 27, 2024, Sagility India’s share price was trading 0.76% higher at ₹51.69 at 11:25 AM on the NSE. The stock opened at ₹52.19 marginally higher than its previous close of ₹51.30. Sagility India’s share price has surged approximately 43.74% since December 4, 2024. This strong rally has been marked by the stock reaching a fresh 52-week high in every trading session this week.
As per news reports, investors view Sagility as well-positioned in the healthcare sector and expect it to benefit from the rising outsourcing trend in the US healthcare market.
Sagility India reported a jump in its consolidated net profit to ₹117.34 crore, aided by a 21.10% rise in revenue from operations to ₹1,325 crore in Q2 FY25 compared to Q2 FY24.
Profit before tax for the July- September quarter of FY25 stood at ₹160.42 crore, against ₹43.37 crore in the same quarter last year.
Total expenses rose by 9.27% year-on-year to ₹1,180 crore during the quarter. Employee benefits expense reached ₹812.43 crore, up 19.38% year on year basis, while finance costs decreased by 38.49% to ₹29.70 crore in Q2 FY25.
Sagility India, based in Bengaluru, is a healthcare-focused company that offers technology-driven services to clients in the US. Its services include claims management, revenue cycle management, payment integrity, and clinical care. The company serves health insurance providers, hospitals, doctors, and diagnostic centres.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
