Amagi, Shiprocket Post Profits; US Polls May Slow IT Visa Curbs

Economic Times - Tech · technology

Cloud technology firm Amagi reported a nearly 30-fold surge in its Q2 profit to Rs 75 crore, with revenue up 27% to Rs 476 crore. Logistics company Shiprocket achieved its first-ever quarterly profit of Rs 60 lakh, a significant turnaround from a Rs 20.29 crore loss last year, as revenue grew 35% to Rs 674 crore. Digital lending startup Moneyview also saw its net profit jump more than fivefold to Rs 201 crore.