Why are Indegene shares up 5% today? Explained
Shares of Indegene Ltd surged nearly 5% on Friday following the company's robust Q1 FY26 earnings, which showcased strong profit growth and margin improvement. The healthcare technology firm reported a 32.7% year-on-year rise in net profit to ₹116.4 crore, up from ₹87.7 crore in the same quarter last year. The sharp rise in earnings was supported by strong operational performance and increasing traction from recent client wins.
The company's revenue for the April–June quarter climbed 12.5% to ₹760.8 crore, compared to ₹676.5 crore in Q1 FY25. At the operating level, EBITDA rose 20.7% to ₹156.4 crore, while margins expanded to 20.5%, up from 19.1% a year earlier — reflecting healthy cost control and improved scale of operations.
Manish Gupta, Chairman and CEO of Indegene, highlighted the company's continued momentum, noting that Indegene posted 1.8% quarter-on-quarter growth in U.S. dollar terms. He said the performance indicates a strong start to the financial year and points to growing traction with clients and deal wins.
CFO Suhas Prabhu stated that the company remains focused on inorganic expansion, particularly in Europe. In line with that, Indegene recently acquired Climacreative Spain SLU through its Irish subsidiary, marking a key step in its global growth strategy. Prabhu added that margins remained stable despite ongoing investments in scaling up engagements that help Indegene move higher up the healthcare marketing value chain. These initiatives, he noted, have begun contributing to revenue.
Founded in 1998 as a pharma marketing and communications firm, Indegene has evolved into a digital-first healthcare solutions provider with a global footprint spanning the U.S., U.K., China, India, and Australia. With improving fundamentals and aggressive expansion, investor confidence in the company appears to be on the rise, as reflected in today's stock price jump.
Ahmedabad Plane Crash
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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