Amagi Media Labs reports record Q2 FY27 with 33% ex-base revenue growth

Amagi Media Labs announced a record-breaking second quarter for FY2027, with reported revenue reaching INR476 crores, a 27% increase year-on-year. Excluding a base effect, revenue grew by 33%. Adjusted EBITDA more than doubled to INR89 crores, and profit after tax stood at INR75 crores. The company highlighted strong customer growth and expanded deliveries, signaling robust business momentum and effective operational leverage.

Amagi Media Labs Delivers Record Q2 FY27 Performance

Amagi Media Labs has reported a stellar performance for the second quarter of FY2027, achieving record revenue and significant margin expansion. The company announced total revenue of INR476 crores, marking a 27% year-on-year growth. When adjusted for a specific base effect from the prior year, the growth rate climbs to an impressive 33%.

Profitability and Cash Flow Surge

Profitability saw a substantial uplift, with Adjusted EBITDA more than doubling to INR89 crores, resulting in an 18.7% margin, up 7.6 percentage points year-on-year. Profit after tax (PAT) closed at INR75 crores, representing a 14.9% margin and a significant increase from the previous year. The company also reported a strong operating cash flow conversion, underscoring its ability to translate growth into cash.

Customer Growth and Operational Highlights

Amagi Media Labs expanded its customer base by adding 22 new customers in the half-year, bringing the total to 503 customers. Deliveries increased to 10,787, with a net retention rate of 125%. The volume of content processed crossed 1 million hours, a 43% increase year-on-year, and ad impressions reached 16 billion. The company also noted recognition from IDC MarketScape, naming Amagi a leader in the 2026 worldwide assessment of the AI-driven business cycle in the media industry.

Strategic Focus on AI and Growth Verticals

The company continues to focus on its core strategy, emphasizing cost efficiencies, audience expansion, and revenue maximization. Significant investments in Artificial Intelligence (AI) are yielding new products, including Amagi STUDIO, FANPULSE, and NEWSPULSE, aiming to enhance customer offerings and drive future growth. These initiatives are expected to support Amagi’s vision of an end-to-end media value chain and capitalize on the evolving media landscape.

Positive Outlook for Future Quarters

Management expressed confidence in sustained growth, citing strong market tailwinds and disciplined execution. The company anticipates continued expansion in its Cloud Modernization, Streaming Unification, and Monetization & Marketplace segments. Amagi Media Labs is well-positioned to leverage its platform and innovation pipeline to deliver profitable growth in the upcoming quarters.

Source: BSE

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