From YourStory
Center Owned by YourStory MediaAmagi Q2 net profit jumps to Rs 75 Cr; revenue rises 27%
What's behind this
Oil and Natural Gas Corporation (ONGC) reported a 57.3 per cent year‑on‑year increase in standalone net profit to Rs 15,489 crore for the second quarter of FY27, driven by higher crude oil and gas realisations. The company also announced an interim dividend of ₹8 per equity share and awarded offshore development projects valued at Rs 11,800 crore to bolster future production.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
RSS excerpt
Amagi's revenue grew 27% year-on-year to Rs 475.82 crore. The SaaS company also launched four AI products during the quarter and plans to make selective investments while focusing on improving operating leverage and cash conversion.
