Amagi Media Labs Q2 Net Profit Jumps to ₹74.8 Crore as Operating Margins Expand to 16.5%

Key numbers

Market Cap	₹12,430.8 CrMid Cap
P/E TTM	122.31Industry: 53.1
1-Year Return	59.17%Price Performance
RSI	56.61Neutral Zone

Key highlights

• Revenue from operations reached ₹476 crore, a 27% increase compared to ₹375 crore in Q2 FY26
• Net profit surged to ₹74.8 crore, marking a year-on-year growth of 2,892%
• Operating margins expanded to 16.5% in Q2 FY27, up from 1.3% in the same quarter last year
• Sequential net profit growth stood at 120.6% compared to ₹33.9 crore in Q1 FY27
• The Board approved the appointment of Dr. Bhaskar Ghosh as an Additional Independent Director

Revenue Growth and Sequential Bottom-line Performance

Amagi Media Labs reported consolidated revenue from operations of ₹476 crore for the second quarter of FY27, representing a 10% sequential increase from ₹437 crore in the previous quarter. The company's total income for the period stood at ₹502 crore, which included ₹26.1 crore in other income. Net profit followed a strong upward trajectory, rising 120.6% quarter-on-quarter to reach ₹74.8 crore.

This growth significantly outperformed the sector average for net profit growth, which stood at 14.82% for the same period. On a year-on-year basis, the profit growth was substantial, coming off a low base of ₹2.5 crore in Q2 FY26.

Margin Expansion and Operational Efficiency

• Operating margins expanded to 16.5% in Q2 FY27 from 8.9% in Q1 FY27
• Year-on-year margin improvement reached 1,520 basis points from 1.3% in Q2 FY26
• Profit before tax stood at ₹82.6 crore for the quarter, compared to ₹5.1 crore a year ago
• Employee benefit expenses were recorded at ₹210.7 crore during the quarter
• Other expenses for the quarter were maintained at ₹200.1 crore

Strategic Leadership Appointments

The company announced significant leadership changes alongside its financial results. Dr. Bhaskar Ghosh, former Chief Strategy and Innovation Officer at Accenture, has been appointed as an Additional Non-Executive Independent Director for a three-year term.

Furthermore, Ms. Srividhya Srinivasan, a promoter and current Chief Technology Officer, was appointed as a Whole-time Director and CTO for five years effective November 5, 2026. These appointments come as the company evaluates 10 target companies in its M&A pipeline and manages over 10 active global pilots for its Newspulse product, as per management updates provided earlier in the fiscal year.

Board Outcome for Management Reclassification

Consequent to the above appointment, she shall be reclassified from Senior Management Personnel to Whole-time Director and Key Managerial Personnel of the Company.

What to watch next

• Earnings conference call scheduled for November 6, 2026, at 10:00 AM IST
• Final approval from shareholders for the new Director appointments via Postal Ballot
• Execution progress on the 10 target companies currently in the M&A pipeline
• Maintenance of guided FY27 gross margins in the 67% to 69% range

“Appointment of Dr. Bhaskar Ghosh (DIN: 06656458) as an Additional Non-Executive Independent Director of the Company for a term of 3 years, subject to the approval of the shareholders of the Company.”

Amagi Media Labs · financial snapshot

Share price	₹574.6
Market capitalisation	₹12,430.83 Cr
Revenue (annual)	₹1,505.61 Cr
Net profit (annual)	₹71.67 Cr
Revenue (latest quarter)	₹436.88 Cr+10.05% vs previous quarter
Net profit (latest quarter)	₹33.90 Cr-1.04% vs previous quarter
P/E (TTM)	122.31×Sector 23.41×
Promoter holding	14.66%-0.26% QoQ
FII holding	37.32%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.