SynopsisExpenses rose nearly 23% YoY in the quarter to Rs 414 crore, much slower than the 32% revenue growth. Employee costs rose 16% to Rs 206.4 crore, while other expenses rose 31% to Rs 200.7 crore.Cloud streaming and media-tech firm Amagi’s consolidated net profit in the June quarter surged more than 8x year-on-year (YoY) to Rs 34 crore, the company said in an exchange filing on Thursday. Its revenue from operations rose 32% from a year ago to Rs 436.9 crore in its second quarterly results after listing.Expenses rose nearly 23% YoY in the quarter to Rs 414 crore, much slower than the 32% revenue growth. Employee costs rose 16% to Rs 206.4Now Playing
Amagi net profit surges 8x to Rs 34 crore in Q1 - The Economic Times
Expenses rose nearly 23% YoY in the quarter to Rs 414 crore, much slower than the 32% revenue growth. Employee costs rose 16% to Rs 206.4 crore, while other expenses rose 31% to Rs 200.7 crore.
TL;DRAI
Amagi's net profit surged 8x to Rs 34 crore with 32% revenue growth to Rs 436.9 crore, while expenses rose only 23%. Operational leverage in media-tech SaaS improves unit economics, signaling a scalable path to profitability.
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