Digidrive Distributors Limited — Important, 14-08-2025: General Updates

Digidrive Distributors, a master distributor of Carvaan music players and publisher of OPEN magazine, saw consolidated net sales rise to Rs. 49.78 Crore, with net profit surging 95% to Rs. 7.91 Crore. Operating margins improved to 18.98%. The company continues to deepen market penetration for Carvaan and is exploring product diversification, bolstering technology, and forming strategic partnerships. Shareholder approval was sought for material transactions up to Rs. 100 Crore for product purchases from Saregama India Limited. The company remains debt-free. The Managing Director's re-appointment is proposed.