logo
#

Latest news with #AvarnaJain

Saregama India gains after Q4 PAT climbs 12% YoY to Rs 60 cr
Saregama India gains after Q4 PAT climbs 12% YoY to Rs 60 cr

Business Standard

time15-05-2025

  • Business
  • Business Standard

Saregama India gains after Q4 PAT climbs 12% YoY to Rs 60 cr

Saregama India advanced 1.96% to Rs 558.90 after the company's consolidated net profit jumped 11.77% to Rs 60.13 crore despite 8.45% decline in revenue from operations to Rs 240.82 crore in Q4 FY25 over Q4 FY24. Profit before tax (PBT) stood at Rs 81.62 crore in Q4 FY25, up 7.35% YoY. Adjusted EBITDA (EBITDA excluding content charge) stood at Rs 101.6 crore, registering the growth of 18% compared with Rs 86.4 crore in Q4 FY24. Adjusted EBITDA margin stood at 42% in Q4 FY25 as against 33% in Q4 FY24. Revenue from music and artist management rose 0.35% to Rs 171.4 crore in Q4 FY25 from Rs 170.8 crore in Q4 FY24. While revenue from video declined 22.4% YoY to Rs 49.2 crore during the quarter. On full year basis, the companys consolidated net profit jumped 3.38% to Rs 204.26 crore on 45.87% increase in revenue from operations to Rs 1,171.36 crore in FY25 over FY24. The company said that investments in content grew at 62% to touch Rs 316.0 crore, highest ever in its history, well on course to invest Rs 1,000 crore between FY25, FY26 and FY27 Avarna Jain, vice chairperson, Saregama India, said, Another path breaking year for Saregama with highest ever revenue from operations, driven by clear strategy of aggressive investments and diversification of IP monetization, including music, video and live events. The company stands on the cusp of an exciting growth phase with huge opportunities in this fast growing sector. Saregama India is a RPSG group company owning the largest music archives in India and one of the biggest in the world. It has also expanded into other branches of entertainment - film & series production, live events, and music-based consumer products.

Saregama India's Q4 revenue falls over 50 pc, net profit slips
Saregama India's Q4 revenue falls over 50 pc, net profit slips

Hans India

time15-05-2025

  • Business
  • Hans India

Saregama India's Q4 revenue falls over 50 pc, net profit slips

Mumbai: Saregama India Limited, part of the RPSG Group and chaired by Sanjiv Goenka, on Thursday reported a decline in both revenue and net profit in the fourth quarter (Q4) of FY25 compared to the previous quarter (Q3 FY25). The company's revenue from operations fell sequentially by 50.16 per cent to Rs 240.82 crore in Q4, from Rs 483.43 crore in Q3, according to its stock exchange filing. Similarly, Saregama's profit after tax (PAT) in Q4 stood at Rs 59.86 crore, a 3.98 per cent drop sequentially from Rs 62.34 crore reported in Q3. Profit attributable to the owner of the company declined by 3.50 per cent, from Rs 62.31 crore in Q3 to Rs 60.13 crore in Q4. Total income also took a hit as it dropped by 48.21 per cent, coming in at Rs 258.47 crore in the March quarter (Q4), compared to Rs 499.14 crore in the December quarter (Q3). However, when compared on a year-on-year (YoY) basis, Saregama's PAT showed positive growth. The Q4 profit increased by 11.06 per cent from Rs 53.9 crore in the same quarter last fiscal -- reflecting underlying resilience. Saregama's share was trading 2 per cent higher at Rs 559.10 on the National Stock Exchange (NSE), up Rs 10.95 during the intra-day session. Avarna Jain, Vice Chairperson, Saregama India Ltd said in a statement that 'This has been another path-breaking year for Saregama, with our highest-ever revenue from operations". 'Our strategy of aggressive investments and IP monetisation across music, video, and live events is showing strong results. We are at the edge of an exciting growth phase in this rapidly expanding sector,' she mentioned. The company has been expanding its content portfolio aggressively. In FY25, it released over 700 film and non-film tracks across multiple Indian languages, including Hindi, Tamil, Telugu, Bengali, Punjabi, Marathi, Gujarati, Bhojpuri, and Malayalam. 'It also acquired 22 music labels covering seven languages, adding more than 2,800 songs to its catalog,' the company added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store