SAREGAMANSESaregama India Limited· Media & EntertainmentLowPositive
Announced Wed, 5 Nov · 12:31 IST

Saregama India Limited has informed the Exchange regarding a press release dated November 05, 2025, titled ""Revenue from Operations stood at Rs. 2,300 Mn in Q2 FY26, recording a growth of 11% QoQ basis while PBT recorded a QoQ growth of 18% rising to Rs. 601 Mn ".

SAREGAMA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Saregama India reported Q2 FY26 Revenue from Operations of Rs. 2,300 Mn, up 11% quarter-on-quarter (QoQ) but down 5% year-on-year (YoY). Profit Before Tax (PBT) rose 18% QoQ to Rs. 601 Mn, and Profit After Tax (PAT) grew 20% QoQ to Rs. 438 Mn. Adjusted EBITDA stood at Rs. 847 Mn, with margins improving to 37% from 32% in the previous quarter. The Board declared an interim dividend of Rs. 4.50 per share (450% on face value of Re. 1). The Music segment (Licensing + Artiste Management) grew 11% QoQ to Rs. 1,653 Mn, while the Video segment declined 39% QoQ and 70% YoY. Operationally, the company released 1,500+ tracks, added 18 artistes (now managing 230+), and its digital footprint crossed 400 Mn followers/subscribers.

Likely market impact

Strong sequential improvement in profitability and the 450% interim dividend are positive signals for shareholders, though the YoY revenue decline and sharp drop in Video segment revenue may temper sentiment. The music business continues to anchor growth, supported by expanding live events and brand partnerships.