Amagi Media Labs announced record financial results for the second quarter of fiscal year 2027, ending September 30, 2026. Revenue grew 27% year-over-year to ₹476 crore. Adjusted EBITDA saw a substantial increase of 114% to ₹89 crore, with margins expanding significantly. Profit After Tax also surged by nearly 30-fold to ₹75 crore, demonstrating strong operational leverage and profitability.
Record Financial Performance in Q2 FY27
Amagi Media Labs Limited today announced its financial results for the second quarter (Q2 FY27) and the half-year ended September 30, 2026. The company achieved its highest-ever quarterly revenue, Adjusted EBITDA, and Profit After Tax.
Key Financial Highlights
- Revenue Growth: Total revenue for Q2 FY27 increased by 27% year-over-year to ₹476 crore.
- Adjusted EBITDA Surge: Adjusted EBITDA grew by an impressive 114% year-over-year to ₹89 crore. The margin expanded by 7.6 percentage points to 18.7%, reflecting continued operating leverage.
- Profit After Tax: Profit After Tax (PAT) rose nearly 30-fold year-over-year to ₹75 crore, with margins improving by 14.3 percentage points to 14.9%.
Half-Yearly Performance (H1 FY27)
For the half-year ended September 30, 2026:
- Revenue grew 29.5% year-over-year to ₹913 crore.
- Adjusted EBITDA increased 139% year-over-year to ₹139 crore, with margins expanding 7.0 percentage points to 15.3%.
- PAT increased nearly 17-fold year-over-year to ₹109 crore, with margins expanding 10.5 percentage points to 11.4%.
- Adjusted Operating Cash Flow (OCF) reached ₹94 crore, a significant improvement from an outflow of ₹98 crore in H1 FY26.
- The company reported strong treasury with ₹1,774 crore in cash and no debt.
Platform and Business Momentum
Amagi also highlighted significant progress in its platform and business development:
- Industry Recognition: Named a Leader in IDC MarketScape 2026 for the AI-driven business cycle in media.
- Product Milestones: NEWSPULSE won TVTech’s Best of Show at IBC 2026, and ‘Best Use of Agentic AI in Media’ at CSI Awards 2026.
- AI Innovation: Launched four new AI products: Amagi STUDIO, FANPULSE, Integrated Localization, and Agentic NOC.
- Customer Growth: Expanded engagements with media networks across the US, Middle East, and APAC.
Board Appointments
Amagi is broadening its Board with the appointment of Dr. Bhaskar Ghosh, former Chief Strategy & Innovation Officer at Accenture, and Srividhya Srinivasan, Co-founder and Chief Technology Officer of Amagi. Their expertise in AI and enterprise transformation is expected to support Amagi’s growth.
CEO Commentary
Baskar Subramanian, Managing Director & CEO, commented, “Q2 marked new highs for revenue, Adjusted EBITDA and PAT. Alongside stronger cash generation in the first half, this reflects the progress we have made in scaling the business with greater operating discipline. We see three major opportunities ahead: helping customers operate more efficiently, reach new audiences and maximize revenues from their content. We expect AI to play an important role across all three.”
Source: BSE
