Saregama India Limited — Important, 10-02-2025: Updates

The Board of Directors of Saregama India Limited has convened and approved the unaudited financial results for the quarter and nine months ending December 31, 2024. Key highlights include a revenue from operations of ₹48,343 lakh, showcasing substantial growth compared to ₹20,426 lakh for the same quarter last year. The company reported a profit before tax of ₹8,445 lakh, up from ₹7,008 lakh in the previous year. In terms of dividends, an interim dividend of ₹4.50 per equity share has been declared, enhancing returns for investors ahead of the record date of February 14, 2025. The meeting also included the approval of an updated Insider Trading Prohibition Code, underscoring a commitment to compliance and governance.

Overall, Saregama is positioned for a positive outlook, demonstrating notable revenue growth and consistent profitability, alongside maintaining investor engagement through dividends. Shareholders should monitor the company's performance closely as it navigates market dynamics and expansion opportunities.