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Saregama India Q2 net profit jumps over 46% to Rs 64.2 cr, revenue grows 36.6%

By · Published by Everything Blog

In short

The entertainment company's financial growth was driven by its primary music segment, which brought in Rs 251.3 crore during the July-September period. Live events experienced an even faster acceleration, doubling in revenue due to a higher volume of organized events. Operating expenses also rose by 31 percent to Rs 237.69 crore alongside this broader business expansion. Vice Chairperson Avarna Jain attributed the results to an ongoing focus on maximizing intellectual property value and financial discipline.

Key points

  • Core music publishing and expanded live entertainment formats served as the primary growt…: Core music publishing and expanded live entertainment formats served as the primary growth engines for the quarter.
  • Total consolidated income for the first half of the financial year advanced 27 percent to…: Total consolidated income for the first half of the financial year advanced 27 percent to reach Rs 587.28 crore.
  • Corporate strategy remains focused on capturing higher value from intellectual property w…: Corporate strategy remains focused on capturing higher value from intellectual property while maintaining strict financial discipline across divisions.

Sources checked by our analysis pipeline: 1

It had posted a net profit of Rs 43.83 crore in the corresponding July-September quarter a year ago, according to a regulatory filing from Saregama India, an RPSG Group company.

Its revenue from operations was up 36.63 per cent to Rs 314.30 crore in the September quarter of FY27. It was at Rs 462.50 crore in the corresponding quarter.

Total expenses were at Rs 237.69 crore, up 31 per cent in the second quarter of FY27.

Saregama's revenue from 'Music' segment was at Rs 251.3 crore, up 35 per cent.

Its revenue from live events was at Rs 44.7 crore, "registering 101 per cent YoY growth, supported by a higher number of events", the company said in its earnings statement.

Saregama's total income, which includes other income, was at Rs 319.47 crore in the September quarter, up 32.28 per cent year-on-year.

In the first half (H1) of FY27, total consolidated income of Saregama was at Rs 587.28 crore, up 27 per cent year-on-year.

"We continued to build on our growth momentum during the quarter, supported by the performance of our…

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