SaaS Company Amagi’s Q2 Profit Jumps Nearly 30X To ₹74.8 Cr
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Listed media SaaS company Amagi reported a nearly 30X YoY jump in its consolidated net profit to ₹74.8 Cr in the September quarter (Q2 FY27), as revenue growth outpaced expenses.
The company had posted a net profit of ₹2.5 Cr in the year-ago quarter. Sequentially, profit rose 120.7% from ₹33.9 Cr.
Operating revenue increased 27% to ₹475.8 Cr from ₹374.8 Cr in Q2 FY26. It grew 8.9% from ₹436.9 Cr in the preceding quarter.
Amagi provides cloud software that helps media companies produce, distribute, and monetise television and streaming content.
Including other income, its total income stood at ₹501.9 Cr in Q2 FY27 as against ₹389.6 Cr a year ago and ₹454.5 Cr in Q1 FY27.
Amagi’s total expenses increased 9% to ₹419.3 Cr from ₹384.5 Cr.
Alongside the results, Amagi’s board approved the appointment of former Accenture chief strategy and innovation officer Bhaskar Ghosh as an additional non-executive independent director for three years.
It also approved the appointment of promoter and CTO Srividhya Srinivasan as a whole-time director for five years. She will retain her CTO designation.
(The story will be updated soon)
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