Saregama India Limited — Updates, 10-02-2025: Press Release

Saregama reported robust financial results for the quarter and nine months ended December 31, 2024, achieving the highest-ever revenue of ₹4,834 million, which marks a 100% increase quarter-on-quarter (Q-o-Q) and 137% year-on-year (Y-o-Y). This significant growth was primarily driven by a record ₹2,789 million in the Events segment, reflecting a remarkable rise from ₹100 million in the same quarter last year. The company’s profit after tax (PAT) stood at ₹623 million, growing 39% Q-o-Q and 19% Y-o-Y.

Operational highlights included the grand success of the “Dil Luminati” concert series, which set records for audience turnout and revenue. Furthermore, Saregama expanded its content offerings significantly, with notable film music releases and the acquisition of over 130 hip-hop songs from MTV Hustle 4. The digital footprint has also grown, with more than 324 million followers across social media platforms. The board declared an interim dividend of ₹4.50 per share, indicating a commitment to returning value to shareholders. The outlook remains positive, fueled by diversified revenue streams and strong market presence.