Amagi Media Labs Limited Announces Q2 and H1 FY27 Financial Results and Board Appointments (NSE: AMAGI, BSE: 544679)

Amagi Media Labs Limited has announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, following a meeting of its Board of Directors on November 05, 2026. The company is listed on the National Stock Exchange of India Limited under the symbol AMAGI and on BSE Limited under the scrip code 544679.

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Consolidated Financial Performance

(All monetary figures are in Indian Rupees million unless otherwise specified)

Quarter Ended September 30, 2026 (Q2 FY27)

• Revenue from Operations: ₹4,758.23 million, compared to ₹4,368.78 million in the preceding quarter ended June 30, 2026, and ₹3,747.62 million in the quarter ended September 30, 2025.
• Total Income: ₹5,018.88 million (including Other Income of ₹260.65 million), compared to ₹4,544.64 million in Q1 FY27 and ₹3,896.01 million in Q2 FY26.
• Total Expenses: ₹4,193.05 million, compared to ₹4,140.57 million in Q1 FY27 and ₹3,845.45 million in Q2 FY26. Major expenses included employee benefits expense of ₹2,107.36 million and other expenses of ₹2,001.27 million.
• Profit Before Tax (PBT): ₹825.83 million, up from ₹404.07 million in Q1 FY27 and ₹50.56 million in Q2 FY26.
• Total Tax Expense: ₹77.45 million (comprising ₹68.09 million in Indian taxes and ₹9.36 million in foreign taxes).
• Profit for the Period: ₹748.38 million, compared to ₹339.05 million in Q1 FY27 and ₹25.29 million in Q2 FY26.
• Total Comprehensive Income: ₹768.02 million, reflecting other comprehensive income net of tax of ₹19.64 million.
• Earnings Per Share (EPS): Basic and diluted EPS stood at Rs 1.49 (nominal value of ₹5 each, not annualised).

Six Months Ended September 30, 2026 (H1 FY27)

• Revenue from Operations: ₹9,127.01 million, compared to ₹7,048.23 million in H1 FY26.
• Total Income: ₹9,563.52 million, up from ₹7,339.32 million in H1 FY26.
• Profit Before Tax: ₹1,229.90 million, compared to ₹116.50 million in H1 FY26.
• Profit for the Period: ₹1,087.43 million, compared to ₹64.70 million in H1 FY26.
• Cash Flow from Operations: Net cash flows generated from operating activities stood at ₹687.84 million, compared to net cash flows used in operating activities of ₹-2,005.95 million in H1 FY26.
• Cash and Cash Equivalents: ₹2,841.72 million as of September 30, 2026 (including ₹95.47 million restricted in an IPO public issue account reserved for IPO expense settlements).

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Standalone Financial Performance

(All monetary figures are in Indian Rupees million unless otherwise specified)

• Revenue from Operations:
  • Q2 FY27: ₹3,065.28 million, compared to ₹2,756.36 million in Q1 FY27 and ₹2,318.28 million in Q2 FY26.
  • H1 FY27: ₹5,821.64 million, compared to ₹4,383.55 million in H1 FY26.
• Profit Before and After Tax:
  • Q2 FY27: ₹511.52 million, compared to ₹229.71 million in Q1 FY27 and a loss of ₹(65.98) million in Q2 FY26. (Tax expense was ₹Nil).
  • H1 FY27: ₹741.23 million, compared to a loss of ₹(121.28) million in H1 FY26.
• Earnings Per Share (EPS): Basic and diluted EPS for Q2 FY27 was Rs 2.24, and for H1 FY27 was Rs 3.25.

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Key Strategic and Leadership Changes

The Board approved key management and board appointments, subject to shareholder approval via postal ballot:

1. Dr. Bhaskar Ghosh (DIN: 06656458): Appointed as an Additional Non-Executive Independent Director for a 3-year term.
2. Ms. Srividhya Srinivasan (DIN: 02014532): Appointed as Whole-time Director, designated as "Whole-time Director & Chief Technology Officer," effective November 5, 2026, for a 5-year period through November 4, 2031.

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Other Corporate and Regulatory Disclosures

• Cybersecurity Incident Assessment: On October 22, 2026, the company was notified of a cyber extortion threat relating to one of its edge transmission sites. Amagi notified CERT-In and submitted disclosures under Regulation 30 of the SEBI LODR Regulations. Based on preliminary assessments, management does not anticipate a material financial impact.
• Share Capital and ESOP Allotments: During the quarter and half-year ended September 30, 2026, the company allotted 3,814,258 equity shares (nominal value of Rs. 5 each) following the exercise of vested options under the Amagi Employee Stock Option Plan 2025.
• Subsidiary Dissolution: Argoid Analytics Private Limited, which was under voluntary liquidation, was dissolved via an NCLT Bengaluru Bench order dated July 31, 2026, and recorded by the Registrar of Companies on August 31, 2026.
• Deferred Taxes: In standalone results, due to uncertainty regarding sufficient future taxable profits against unabsorbed depreciation and carried forward losses, no deferred tax assets have been recognised as of September 30, 2026.
• Segment Reporting: Amagi operates in a single reportable operating segment: providing media technologies and related services.