Sagility India Shares Surge 10% on Robust Q1 Performance
Sagility India's stock jumped 10% after reporting a staggering rise in consolidated net profit for Q1FY26. The firm posted ₹148.55 crore in profit, up from ₹22.29 crore year-over-year, while revenue climbed 26% to ₹1,538.94 crore.
Management highlighted resilience amid regulatory challenges, with CFO Sarvabhouman Srinivasan citing stable margins from cost optimization and BroadPath integration. Analysts remain bullish, with JM Financial raising its target price to ₹68 and ICICI Securities maintaining a buy rating at ₹62, despite noting delayed synergy benefits and reduced US medicare spending.