Saregama India Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
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Saregama India submitted its unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), with the auditors issuing an unmodified (clean) limited review report. Consolidated revenue from operations stood at Rs 20,677 lakhs, up marginally by 0.7% from Rs 20,528 lakhs in Q1 FY25, while consolidated profit after tax was Rs 3,651 lakhs, down slightly from Rs 3,709 lakhs YoY. On a standalone basis, revenue grew 2.5% to Rs 17,735 lakhs and PAT rose about 7.8% to Rs 4,022 lakhs, with EPS improving to Rs 2.09 from Rs 1.94. The Music segment remained the strongest performer, with segment profit jumping to Rs 7,466 lakhs (from Rs 5,758 lakhs), while the Video and Events segments reported deeper losses. The board also appointed Mr. Pratip Chaudhuri (former SBI Chairman) and Mr. Vinod Kumar (ex-CESC executive) as additional Non-Executive Independent Directors for a 5-year term, subject to shareholder approval.
Overall a stable but mixed quarter for shareholders — the core Music business is firing strongly and Artist Management is improving, but the Video and Events segments are dragging. Standalone earnings showed healthy growth, which is positive, while the consolidated PAT was nearly flat. The addition of two high-profile independent directors (former SBI Chairman and Tata group veteran) should be viewed positively for governance.