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HomeBusinessSagility Reports 15% Jump in Revenue in H1

Sagility Reports 15% Jump in Revenue in H1

Over the years we have built tech enabled solutions and services to deliver best-in-class business outcomes for Payers and Providers, Sagility said.

BENGALURU, Nov 26 (The CONNECT) – Technology-enabled business solutions and services to the U.S healthcare Industry Sagility India Limited reported an year-on-year growth of 15.3% in its revenue at at ₹ 25,484 million (US$ 304.5 million) during the first half of the current fiscal.

It registered YoY growth of 12.8% in its adjusted EBITDA of ₹ 6,538 million (US$ 78.1 million) which is 25.7% of revenue, an adjusted PAT of ₹ 3,083 million (US$ 36.8 million) which is 12.1% of revenue and YoY growth of 15.1%.
As of September 30, 2024, Sagility has 45 active clients. Client NPS has improved to 53. At the end of Q2, Sagility had 38,380 employees.

Ramesh Gopalan, Managing Director and Group CEO (Pictured) said, “Sagility occupies a critical position in the US healthcare services space, supported by domain expertise and long-standing client relationships. Over the years we have built tech enabled solutions and services to deliver best-in-class business outcomes for Payers and Providers, resulting in continued accretion to size and duration of our client engagements. Our runway for growth is long and is backed by a combination of favorable industry dynamics, our strategic investments in advanced technologies including AI and a strong orientation towards creating value for our clients.”

Sarvabhouman Srinivasan, Group Chief Financial Officer added, “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.”

 

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