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Key Points

Saregama India has reported a significant drop in quarterly revenue and profit, with operations falling 50.16% compared to the previous quarter. Despite the financial challenges, the company remains optimistic about its growth strategy and content expansion. The music label has aggressively invested in acquiring new music catalogs and releasing tracks across multiple languages. The company's leadership sees this as a potential turning point for future growth in the entertainment sector.

Key Points: Saregama India Q4 Revenue Drops 50% Despite Growth Strategy

  • Quarterly revenue falls 50.16% to Rs 240.82 crore
  • Profit after tax declines 3.98% sequentially
  • Company expands music catalog with 22 new labels
2 min read

Saregama India's Q4 revenue falls over 50 pc, net profit slips

Saregama sees Q4 revenue decline, but remains optimistic about content expansion and music label acquisitions

"We are at the edge of an exciting growth phase - Avarna Jain, Vice Chairperson"

Mumbai, May 15

Saregama India Limited, part of the RPSG Group and chaired by Sanjiv Goenka, on Thursday reported a decline in both revenue and net profit in the fourth quarter (Q4) of FY25 compared to the previous quarter (Q3 FY25).

The company's revenue from operations fell sequentially by 50.16 per cent to Rs 240.82 crore in Q4, from Rs 483.43 crore in Q3, according to its stock exchange filing.

Similarly, Saregama's profit after tax (PAT) in Q4 stood at Rs 59.86 crore, a 3.98 per cent drop sequentially from Rs 62.34 crore reported in Q3.

Profit attributable to the owner of the company declined by 3.50 per cent, from Rs 62.31 crore in Q3 to Rs 60.13 crore in Q4.

Total income also took a hit as it dropped by 48.21 per cent, coming in at Rs 258.47 crore in the March quarter (Q4), compared to Rs 499.14 crore in the December quarter (Q3).

However, when compared on a year-on-year (YoY) basis, Saregama's PAT showed positive growth.

The Q4 profit increased by 11.06 per cent from Rs 53.9 crore in the same quarter last fiscal -- reflecting underlying resilience.

Saregama's share was trading 2 per cent higher at Rs 559.10 on the National Stock Exchange (NSE), up Rs 10.95 during the intra-day session.

Avarna Jain, Vice Chairperson, Saregama India Ltd said in a statement that "This has been another path-breaking year for Saregama, with our highest-ever revenue from operations".

"Our strategy of aggressive investments and IP monetisation across music, video, and live events is showing strong results. We are at the edge of an exciting growth phase in this rapidly expanding sector," she mentioned.

The company has been expanding its content portfolio aggressively. In FY25, it released over 700 film and non-film tracks across multiple Indian languages, including Hindi, Tamil, Telugu, Bengali, Punjabi, Marathi, Gujarati, Bhojpuri, and Malayalam.

"It also acquired 22 music labels covering seven languages, adding more than 2,800 songs to its catalog," the company added.

- IANS

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Reader Comments

R
Rajesh K.
The QoQ drop looks concerning but YoY growth shows Saregama's fundamentals are strong. Their strategy of acquiring regional music labels is smart - India's regional content market is booming! Hope they maintain this momentum. 🎵
P
Priya M.
As a shareholder, I'm worried about such a steep revenue decline in just one quarter. The management needs to explain what caused this 50% drop - was it seasonal or something more serious? The stock price rise seems disconnected from these results.
A
Amit S.
Saregama's focus on regional languages is brilliant! Their Bhojpuri and Punjabi collections are amazing. But they need better digital platforms - their app crashes too often. Fix this and they'll dominate the Indian music market!
S
Sunita R.
The numbers look bad but remember Q3 had festive season sales (Diwali + Christmas). Q4 is always slower for entertainment companies. What matters is they're investing in content - that's the real asset in long run.
V
Vikram J.
Saregama needs to focus more on original content creation rather than just acquisitions. The golden era of Bollywood remixes is over - today's youth want fresh music. Look at how T-Series adapted to YouTube generation!
N
Neha P.
Their Bengali music collection is pure gold! ❤️ But why is profit falling when they're adding so many new songs? Maybe too much spending on acquisitions? Still, as a music lover, I'm happy they're preserving our cultural heritage.

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