Sagility India Share Price Hits 52-Week High; Extends 5-Session Gains

On December 23, 2024, Sagility India’s share price traded 0.20% lower at ₹45.08 at 10:10 AM on the NSE, after opening at ₹47, higher than its previous close of ₹45.17. Today, the stock reached its 52-week high of ₹47.00. Sagility India extends its 5-session gains, having risen by 6.42% from ₹41.74 on December 16, 2024, to ₹44.37 on December 20, 2024.

Q2 FY25 Earnings

Sagility India reported a jump in its consolidated net profit to ₹117.34 crore, driven by a 21.10% rise in revenue from operations to ₹1,325 crore in Q2 FY25 compared to Q2 FY24.

Profit before tax for Q2 FY25 stood at ₹160.42 crore, against ₹43.37 crore in Q2 FY24.

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% YoY, while finance costs decreased by 38.49% to ₹29.70 crore in Q2 FY25.

On a half-year basis, the company’s net profit increased by 80.27% to ₹139.64 crore, with a 15.30% rise in revenue from operations to ₹2,548.4 crore in H1 FY25 compared to H1 FY24.

Sagility India IPO Listing

Sagility India made a modest debut on the stock exchanges on November 12, following the completion of its initial public offering (IPO). The shares opened at ₹31.06 on the Bombay Stock Exchange (BSE), representing a 3.53% premium over the IPO allotment price of ₹30. Similarly, on the National Stock Exchange (NSE), the shares were listed at ₹31.06, reflecting the same 3.53% premium.

About Sagility India

Sagility India, based in Bengaluru, is a healthcare-focused company that offers technology-driven services to clients in the United States. 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. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.