Amagi Media Labs Ltd — earnings calls

Amagi reported Q1 FY27 revenue of INR437 crores, up 32% year-on-year, with adjusted EBITDA margin expanding to 11.5% and PAT rising to INR34 crores. Management highlighted operating leverage playing out across the P&L, growth in AI pilots including a major U.S. news network adopting Newspulse, and full delivery of FIFA World Cup coverage on its infrastructure. Cash and investments stood at INR1,616 crores including IPO proceeds, and operating cash outflow narrowed year-on-year.

Amagi reported FY26 revenue of INR1,506 crores, up 30% year-over-year, with a return to PAT profitability of INR72 crores compared to a loss in the prior year. Management highlighted growth across all three business segments, net revenue retention above 115% for three consecutive years, and early commercialization of its agentic AI product NEWSPULSE with its first paying customer. The company also discussed cash reserves of INR1,664 crores and outlined FY27 focus areas around durable growth, operating leverage and cash conversion.