{
  "id": 18256992,
  "title": "SaaS Company Amagi’s Q2 Profit Jumps Nearly 30X To ₹74.8 Cr",
  "url": "https://urgent.news/2026/11/05/saas-company-amagis-q2-profit-jumps-nearly-30x-to-74-8-cr",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T05:26:11.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/saas-company-amagis-q2-profit-jumps-nearly-30x-to-%e2%82%b974-8-cr/"
  },
  "original_language": "en",
  "account": "Amagi, a listed media software company, announced a remarkable surge in its consolidated net profit by nearly 30 times in the second quarter of FY27, reaching ₹74.8 crore. This significant increase was driven by revenue growth outpacing expenses, with the company reporting a net profit of ₹2.5 crore in the same quarter last year. Sequentially, the profit rose by 120.7% from ₹33.9 crore.\n\nAmagi's operating revenue grew by 27% to ₹475.8 crore, up from ₹374.8 crore in Q2 FY26, reflecting a consistent upward trajectory. The quarter's operating revenue was also 8.9% higher than the previous quarter, amounting to ₹436.9 crore.\n\nThe company's total income, including other income, amounted to ₹501.9 crore in Q2 FY27, a substantial jump from ₹389.6 crore a year ago and ₹454.5 crore in Q1 FY27. However, this income was accompanied by an increase in total expenses by 9%, reaching ₹419.3 crore from ₹384.5 crore.\n\nIn addition to the financial results, Amagi's board approved the appointment of Bhaskar Ghosh, a former Accenture chief strategy and innovation officer, as an additional non-executive independent director for three years. The board also approved the appointment of promoter and Chief Technology Officer Srividhya Srinivasan as a whole-time director for a term of five years, with her retaining her CTO designation.",
  "summary": "Listed media SaaS company Amagi reported a nearly 30X YoY jump in its consolidated net profit to ₹74.8 Cr in…",
  "key_points": [
    "Amagi's Q2 profit jumps nearly 30 times to ₹74.8 crore",
    "Revenue growth outpaced expenses, up 27% to ₹475.8 crore",
    "Bhaskar Ghosh appointed as additional non-executive independent director"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}