Signal Desk · Companies

Amagi posts near-30x profit jump; Shiprocket logs first profit

2026-11-05 · 1 source · Economic Times ETtech

In short

Amagi said its Q2 profit rose nearly 30 times, and Shiprocket reported its first quarterly profit.

These results matter because they show both companies are moving into profit, which is a positive sign for their businesses.

What the reporting says

Amagi's Q2 profit surged nearly 30 times, while Shiprocket posted its first quarterly profit. The ETtech brief groups these results with other tech-sector updates under a market and US polls theme. The reported consequence is a positive earnings highlight for both companies, especially Shiprocket's first profitable quarter.

Why it matters

Amagi reported a Q2 profit jump of nearly 30 times, and Shiprocket posted its first quarterly profit. The brief treats these as standout tech-company earnings updates. No revenue figures, dates beyond Q2, or reasons for the profit gains are provided in the source summary, so the story is limited to the reported earnings milestone.

Touches: Amagi, Shiprocket, Companies, Markets, Startup

Sources