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Amagi Media Labs shares surge nearly 7% after Q2 net profit surges to ₹75 crore, EBITDA turns positive
Reported by: CNBC TV18 ·
Summary
CNBC TV18 reported that Amagi Media Labs shares rose nearly 7% after the company posted a Q2 net profit of ₹75 crore. The same outlet said Q2 EBITDA was ₹64 crore, compared with an EBITDA loss of ₹3 crore in the year-ago period, meaning the company moved from a loss to a profit at that level. Q2 is the July to September quarter, the second quarter of India's financial year. Net profit is what is left after all costs and tax. EBITDA is profit before interest, tax, depreciation and amortisation, a way of looking at earnings from core operations. Year-ago means the same quarter last year. The report did not give revenue figures or the share price level.
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CNBC TV18 · · Tone +3
Amagi Media Labs shares surge nearly 7% after Q2 net profit surges to ₹75 crore, EBITDA turns positive
Amagi Media Labs's Q2 EBITDA surged to ₹64 crore compared to an EBITDA loss of ₹3 crore in the year-ago period.
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- Q2
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- What happened here, in simple words? Amagi Media Labs shares surge nearly 7% after Q2 net profit surges to ₹75 crore, EBITDA turns positive
- Where do the outlets differ in how they report this? Amagi Media Labs shares surge nearly 7% after Q2 net profit surges to ₹75 crore, EBITDA turns positive
- What does "Q2" mean?