Saregama India Limited — Investor Meet, 10-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Operating revenue for Q3FY26 reached ₹260 Cr, with reported profit at ₹69.5 Cr. Music segment revenue grew 29% YoY this quarter and 18% for nine months, targeting 21-23% long-term growth. FY26 new content spend is ₹275-300 Cr. A strategic minority investment in Bhansali Productions secures exclusive film music access. The in-house movie business is winding down, shifting focus to short-form video and artist management. Live events show strong potential. Management reiterates its 32-33% adjusted EBITDA guidance, expressing confidence in digital consumption and future subscription-driven growth.