Amagi Media Labs Limited Q2 Profit Rises 30-Fold to ₹74.8 Crore

Amagi Media Labs Limited reported consolidated net profit of ₹74.8 crore in Q2 FY27, nearly 30 times the ₹2.5 crore earned a year earlier, as operating revenue increased 27% to ₹475.8 crore. The September-quarter improvement reflected revenue growth that outpaced the reported 9% increase in total expenses.

What were Amagi's Q2 FY27 results?

Amagi recorded a consolidated net profit of ₹74.8 crore for the quarter ended September 30, 2026, compared with ₹2.5 crore in Q2 FY26. Sequentially, profit rose 120.7% from ₹33.9 crore in the June 2026 quarter. The result marks a substantial improvement in profitability after the company had reported a much smaller profit in the corresponding quarter a year earlier.

Operating revenue was ₹475.8 crore, up 27% from ₹374.8 crore in Q2 FY26 and 8.9% higher than ₹436.9 crore in Q1 FY27. Including other income, total income rose to ₹501.9 crore from ₹389.6 crore a year earlier and ₹454.5 crore in the preceding quarter.

Amagi provides cloud software used by media companies to produce, distribute and monetise television and streaming content. Its Q2 FY27 result was approved by the board at the meeting scheduled for November 5, with an earnings call set for November 6.

How did revenue growth support the profit increase?

Revenue growth supported the profit increase because Amagi's operating revenue rose 27% year-on-year while total expenses increased by 9%, according to the reported results summary. This gap between revenue and expense growth was the central factor behind the sharper expansion in consolidated net profit.

The company also reported a sequential rise in revenue from ₹436.9 crore in Q1 FY27 to ₹475.8 crore in Q2 FY27. Total income increased by ₹47.4 crore from the June quarter, while net profit rose by ₹40.9 crore over the same period. These figures indicate that the September quarter delivered higher revenue as well as stronger reported profitability than the preceding quarter.

Amagi had reported Q1 FY27 consolidated net profit of ₹33.9 crore, compared with ₹3.9 crore a year earlier. The Q2 performance therefore extends the company’s return to profit in FY27, although the year-on-year bases and the financial figures cited for standalone and consolidated accounts should not be treated as interchangeable.

What do Amagi's standalone and half-year numbers show?

Amagi's standalone accounts show revenue from operations of ₹306.53 crore in Q2 FY27, up 32.2% from ₹231.83 crore in Q2 FY26, and a net profit of ₹51.15 crore against a loss of ₹65.98 crore. Total standalone income rose to ₹331.55 crore from ₹245.63 crore, while total expenses were ₹280.40 crore compared with ₹252.23 crore a year earlier.

Standalone basic and diluted earnings per share were ₹2.24, compared with a loss per share of ₹0.32 in Q2 FY26. For the six months ended September 30, 2026, standalone revenue from operations rose to ₹582.16 crore from ₹438.36 crore, and standalone net profit was ₹74.12 crore against a loss of ₹121.28 crore in the prior-year period.

On a consolidated basis, Q2 FY27 profit was ₹74.8 crore and first-half FY27 profit was ₹108.74 crore. The reported consolidated first-half figure places Q2 as the larger of the two quarterly profit contributions so far in FY27. Investors should distinguish between the standalone figures, which cover the listed entity, and consolidated figures, which include the group as reported by the company.

What are the key financial figures for the September quarter?

The key figures show higher consolidated revenue, income and profit in Q2 FY27, alongside a return to profitability in the standalone accounts. The table separates consolidated metrics from standalone metrics where the reported data provides them.

The company’s earlier Q1 FY27 result had also shown operating revenue of ₹436.9 crore and total income of ₹454.5 crore. That provides the immediate quarterly comparison for the September period and confirms that both operating revenue and total income moved higher in Q2.

Why do the results matter for investors and the media software sector?

The results matter because Amagi's profit growth was supported by a faster increase in revenue than in total expenses. For a cloud software provider serving media businesses, the reported movement from ₹2.5 crore in consolidated profit a year earlier to ₹74.8 crore in Q2 FY27 is a significant change in reported earnings performance.

The company operates in the connected television and streaming-content ecosystem, where customers use software for content creation, distribution and advertising monetisation. Its reported revenue expansion indicates increased business activity during the quarter, but the available information does not provide a customer count, segment-wise revenue split, or a numerical outlook for future quarters.

Amagi listed on the BSE and NSE on January 21, 2026, following its initial public offering in the previous fiscal year. Its shares had touched a 52-week high of ₹727.40 on the day it reported Q1 FY27 results on August 13, 2026, according to the supplied information. That earlier market movement provides context for investor attention on subsequent quarterly execution, although no Q2 results-day share-price movement is provided.

The board also approved the appointment of Bhaskar Ghosh as an independent director and chief technology officer Srividhya Srinivasan as a whole-time director. These governance and management actions were disclosed alongside the financial update.

Conclusion

Amagi's Q2 FY27 results show a marked improvement in consolidated profitability, with net profit reaching ₹74.8 crore as operating revenue rose to ₹475.8 crore. The standalone accounts also returned to profit, reporting ₹51.15 crore in quarterly net profit after a loss in Q2 FY26. The financial release indicates that revenue growth outpaced the increase in expenses during the quarter.

The next disclosed event is Amagi's Q2 and H1 FY27 earnings call on November 6, 2026. Investors will watch for management commentary on revenue drivers, expense trends, customer traction and the outlook for the remainder of FY27, as no numerical forecast has been provided in the reported information.