Filter announcements
Loading...
Saregama is the oldest music label company from India (established 1902, erstwhile "Gramophone Company of India" & then "HMV"). The company is aiming to be a pure-play content company supported by the global consumption boom.Since 2017, Saregama has been making headlines again owing to the launch of two unique initiatives, Saregama Carvaan and Yoodlee Films.
Saregama India announced its 79th Annual General Meeting to be held via Video Conferencing/Other Audio Visual Means. The company provided a weblink for shareholders to access the Annual Report and urged them to register emails for future communications.
Saregama's board approved strong Q1 financial results: revenue up to ₹263.60 Cr and profit to ₹51.56 Cr YoY. Music, Artist Mgmt, and Events drove growth, though Video still faces challenges. Company increased its PAPPL stake to 95.76% and launched a new Dubai subsidiary. Land revaluation added ₹12.63 Cr.
Saregama reported strong quarterly results: Revenue up 27% to 263.6 Cr, Adjusted EBITDA up 69% to 112.4 Cr, and PBT up 38% to 70.5 Cr. Music segment grew 39%, Live Events surged 214%. Video revenue saw degrowth due to a production pivot.
Saregama reported strong FY26 financials: Adjusted EBITDA 404.7 Cr (41% margin), PAT 206.2 Cr. It owns 1.8 lakh songs, generating ~90% margin post-amortization. Strategic investments target 25-30% new Indian music content, leveraging India's significant digital growth opportunity.
Saregama India appoints Abhishek Kapoor as its new CFO, effective July 15. Kuldeep Kothari serves as Interim CFO until then. Kapoor brings 25+ years of finance experience, including as Sula Vineyards' CFO, strengthening leadership.