ResultsMoneycontrol
Amagi Q2 net profit jumps nearly 30-fold to Rs 75 crore
Positive+20Company event
GreyOak summary
Amagi Media Labs reported a 30-fold increase in Q2 net profit to Rs 74.8 crore, driven by higher operating profits and lower expenses. Revenue rose 27% to Rs 475.8 crore, with streaming and advertising segments leading growth. The company ended the quarter with Rs 1,774 crore in cash and no debt.
What it affects
- Amagi Media LabsAMAGIPositive +20
Net profit jumped 30-fold to Rs 74.8 crore.Rolling sentiment Positive +44
Source
Read the original at MoneycontrolMore Amagi Media Labs news
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