Latest news with #SaregamaIndia
The Print
15-05-2025
- Business
- The Print
Saregama India reports 11 pc rise in net profit to Rs 60cr
Revenue from operations stood at Rs 240.8 crore, lower than Rs 263 crore in Q4 FY'24, it said. The company, a part of the Kolkata-based RPSG Group, had reported a net profit of Rs 53.9 crore in the same quarter of the previous fiscal. Kolkata, May 15 (PTI) Music label Saregama India on Thursday reported an 11.1 per cent rise in net profit to Rs 59.8 crore during the fourth quarter of 2024-25. However, the company posted a strong improvement in operational performance, with adjusted EBITDA margin rising to 42 per cent, from 33 per cent a year ago. For the full fiscal year ended March 31, Saregama India's profit after tax stood at Rs 204.2 crore. Investments in content surged 62 per cent year-on-year to a record Rs 316 crore in FY'25 — the highest in the company's history, it said. The company said it remains on course to invest Rs 1,000 crore in content till the end of FY'27. PTI BSM SOM This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Business Standard
15-05-2025
- 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.
Business Standard
15-05-2025
- Business
- Business Standard
Saregama India consolidated net profit rises 11.77% in the March 2025 quarter
Sales decline 8.45% to Rs 240.82 crore Net profit of Saregama India rose 11.77% to Rs 60.13 crore in the quarter ended March 2025 as against Rs 53.80 crore during the previous quarter ended March 2024. Sales declined 8.45% to Rs 240.82 crore in the quarter ended March 2025 as against Rs 263.05 crore during the previous quarter ended March 2024. For the full year,net profit rose 3.38% to Rs 204.26 crore in the year ended March 2025 as against Rs 197.59 crore during the previous year ended March 2024. Sales rose 45.87% to Rs 1171.36 crore in the year ended March 2025 as against Rs 803.00 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 240.82263.05 -8 1171.36803.00 46 OPM % 33.3526.62 - 23.6530.70 - PBDT 93.2687.63 6 329.32306.97 7 PBT 76.6676.03 1 271.11270.79 0 NP 60.1353.80 12 204.26197.59 3
