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The Economic Times
The Economic Times

SaaS company Amagi swings into the black in first results since listing, logs Q4 net profit of Rs 34.3 crore

Cloud streaming and media technology company Amagi reported a consolidated net profit of Rs 71.7 crore for FY26, against a loss of Rs 68.7 crore in the previous year, aided by strong growth in revenue from operations and improving operating leverage.

This marks the SaaS media company’s first quarterly results since listing in January .

For the March quarter, the Bengaluru-based company posted a net profit of Rs 34.3 crore, against a loss of Rs 10.6 crore in the corresponding period last year. Revenue from operations during the quarter grew 28.5% to Rs 396.9 crore from Rs 308.9 crore a year ago.

Revenue from operations rose 29.5% year on year to Rs 1,505.6 crore in FY26 from Rs 1,162.6 crore a year earlier, according to the company’s audited financial results, filed with stock exchanges on Wednesday. Total income for the year stood at Rs 1,570.1 crore.

Amagi, which provides cloud-based broadcast and connected TV solutions to media companies globally, completed its Rs 1,789-crore initial public offering during the last fiscal year. The issue comprised a fresh issue of Rs 816 crore and an offer for sale worth Rs 972.6 crore. The shares were listed on the BSE and NSE on January 21.

The company said it continues to operate as a single business segment focused on media technology and related services.

At 12:50 pm on Wednesday, Amagi shares were trading 1.39% higher at Rs 412 on the BSE compared with the previous trading session.

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