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

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 music business and the expansion of our presence across live events and other entertainment formats.

"Our focus remains on maximising the value of our intellectual property through multiple monetisation avenues, while maintaining financial discipline and investing in opportunities that support sustainable long-term growth," said Avarna Jain, Vice Chairperson, Saregama India.

Shares of Saregama India Ltd were trading at Rs 623.45 on BSE on Wednesday, up 10.89 per cent from previous close.