Saregama zooms after Q2 PAT climbs 48% YoY to Rs 65 cr
Profit before tax (PBT) jumped 42.71% to Rs 85.77 crore in Q2 FY27 compared with Rs 60.10 crore in Q2 FY26.
Adjusted EBITDA rose 39% YoY to Rs 118 crore during the quarter. The adjusted EBITDA margin improved to 38% in Q2 FY27 from 37% in Q2 FY26.
The music business remained a key growth driver, with revenue increasing 35% YoY to Rs 251.3 crore during the quarter. EBITDA grew 37% YoY to Rs 154 crore in Q2 FY27. Meanwhile, overall video revenue stood at Rs 18.3 crore during the quarter, registering a 16% YoY decline during the period under review.
Revenue from live events more than doubled, rising 101% YoY to Rs 44.7 crore, supported by an increase in the number of events conducted during the quarter.
The company added 54 artistes in Q2 FY27, taking the total roster to 340 artistes with an aggregate digital reach of over 450 million.
In the physical products segment, vinyl sales declined 9.89% YoY to 8,200 units during the quarter. However, Carvaan sales increased 5.08% YoY to 62,000 units.
Avarna Jain, vice chairperson, Saregama India, said, ?We continued to build on our growth momentum during the quarter, supported by the performance of our music business and the expansion of our presence across live events and other entertainment formats. Our focus remains on maximising the value of our intellectual property through multiple monetisation avenues, while maintaining financial discipline and investing in opportunities that support sustainable long-term growth.?
The company?s board approved the closure/liquidation/dissolution or deregistration of Saregama FZE, Dubai, a wholly owned subsidiary, in accordance with the applicable regulations of the Jebel Ali Free Zone Authority (JAFZA) and other relevant UAE authorities.
The process will be subject to compliance with applicable Indian laws, including the Foreign Exchange Management Act, 1999, the Overseas Investment framework, and the completion of all necessary regulatory, tax and statutory formalities.
Saregama India, part of the RPSG Group, is India's leading Entertainment intellectual property (IP) company with a legacy dating back to 1902. Its diverse portfolio includes film and non-film music, digital media, television content, artiste and influencer management, and film production.
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