Indegene Limited — Updates, 30-01-2025: Press Release

Indegene reported a robust quarter, with revenue reaching INR 7,204 million, reflecting a solid 4.9% growth quarter-on-quarter. Profit After Tax (PAT) also showed impressive growth, increasing 19.6% QoQ to INR 1,097 million, demonstrating effective cost management and productivity enhancements. The EBITDA margin improved to 20.8% from 18.4%, indicating successful efforts in capacity management and automation. The company's largest customer continues to drive growth, nearing an annual run-rate of USD 50 million, while revenues from the top five customers rose 3.1% sequentially. Additionally, Indegene was recognized with the Deloitte TechFast50 award in HealthTech for the second consecutive year, highlighting its strong position in the digital health space. Overall, the results convey a positive outlook, indicating sustained growth momentum and operational efficiency. Investors may see potential in the company’s strategic focus on maintaining healthy margins and expanding within its key customer segments.