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Amagi's Q2 FY27 profit jumps nearly 29 times to Rs 75 Cr; total income crosses Rs 500 Cr

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Amagi's Q2 FY27 profit jumps nearly 29 times to Rs 75 Cr; total income crosses Rs 500 Cr

SaaS firm Amagi announced its Q2 FY27 results today, reporting a 28.6-fold year-on-year jump in net profit to Rs 75 crore. Its revenue from operations grew 27% year-on-year during the quarter.

The Bengaluru-based company’s revenue from operations grew to Rs 476 crore in Q2 FY27 from Rs 375 crore in Q2 FY26, according to its consolidated financial statements filed with the National Stock Exchange (NSE).

Amagi Q2FY27
The company also reported Rs 26 crore income from non-operating sources, taking its total income to Rs 502 crore in Q2 FY27.

Founded in 2008, Amagi operates a cloud-based advertising platform for connected TV (CTV) and programmatic advertising, enabling brands to run targeted campaigns across streaming platforms. The company generates most of its revenue from international markets, with the US as its key market.

Employee benefits expenses, which accounted for 50% of total expenses, increased marginally to Rs 211 crore in Q2 FY27 from Rs 208 crore in Q2 FY26.  The company did not disclose a further breakup of other expenses. Overall, total expenses rose 9% to Rs 419 crore from Rs 384.5 crore.

At the bottom line, the company’s net profit surged 28.6 times year-on-year to Rs 75 crore in Q2 FY27, compared with Rs 2.53 crore in Q2 FY26.

5% to Rs 913 crore in H1 FY27 from Rs 705 crore in H1 FY26. 5 crore in the corresponding period last year, marking a nearly 17X increase. The company's shares were trading at Rs 570 as of 3:13 PM, giving it a market capitalisation of approximately Rs 12,642 crore.


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