Amagi's Q2 Profit Surges 30x; Shiprocket Reports Maiden Profit
Amagi Media Labs reported a 27% revenue increase to Rs 476 crore and a nearly 30-fold rise in profit to Rs 75 crore in Q2. Adjusted EBITDA rose 114% to Rs 89 crore. CEO Baskar Subramanian highlighted AI's role in efficiency, audience reach, and revenue growth. Shiprocket also posted its first profit, driven by strong core business growth.
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