Sagility India shares hit upper circuit on strong Q3 performance
Shares of Sagility India Limited hit the 5 per cent upper circuit at ₹52.73 on NSE today, following the company’s announcement of robust third-quarter results for FY2024-25. The healthcare solutions provider reported a 67.6 per cent year-on-year surge in adjusted profit after tax to ₹262.6 crore for Q3.
The company’s revenue from operations grew by 15.3 per cent year-on-year to ₹1,453.1 crore, while adjusted EBITDA margin expanded to 31.4 per cent from 21.7 per cent in the same quarter last year. The strong performance was attributed to growth in both tenured large clients and newer accounts acquired in the last three years.
Sagility recently completed the acquisition of BroadPath Healthcare Solutions on January 29, 2025, gaining access to a major national payor and over 30 new mid-market payor clients. The company’s employee base stood at 39,595 at the end of Q3, with an improved attrition rate of 21.8 per cent.
The company, which serves five of the top ten health insurance companies in the U.S., operates through delivery centers across India, the Philippines, the U.S., Jamaica, and Colombia. Sagility’s Q3 results were boosted by favorable foreign exchange movements, higher operating margins due to open enrollment, and increased other income.
