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