Amagi Net Profit Surges 8x To Rs 34 Crore In Q1
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Economic TimesVerified Publisher
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 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...
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 206.4