Saregama India Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Saregama India Ltd reported a 96.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 127.7%.
- Its expenses for the quarter were up by 112.6% QoQ and 178.1% YoY.
- The net profit increased 38.7% QoQ and increased 19.1% YoY.
- The earnings per share (EPS) of Saregama India Ltd stood at 3.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 499.14 | 254.36 | 219.22 | 96.2% | 127.7% |
Total Expenses | 414.69 | 195.06 | 149.14 | 112.6% | 178.1% |
Profit Before Tax | 84.45 | 59.30 | 70.08 | 42.4% | 20.5% |
Tax | 22.11 | 14.35 | 17.73 | 54.1% | 24.7% |
Profit After Tax | 62.34 | 44.95 | 52.35 | 38.7% | 19.1% |
Earnings Per Share | 3.20 | 2.30 | 2.70 | 39.1% | 18.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Saregama India Ltd is a prominent name in the Indian music and entertainment industry, recognized for its extensive catalog of music and film content. As part of its diverse business portfolio, Saregama India Ltd produces and distributes music, films, and TV serials. Additionally, the company has ventured into the digital space with the launch of Carvaan, a digital audio player pre-loaded with classic songs, which has gained widespread popularity. Saregama's operations are primarily focused on the Indian market, but it also has a significant presence in international markets. The company has been actively involved in digitizing its vast music catalog and enhancing its presence across various digital platforms. Specific recent developments regarding the company were not available in the provided data.
Revenue
In the third quarter of the fiscal year 2025, Saregama India Ltd reported a total income of ₹499.14 crores, marking a substantial increase compared to the previous quarter's income of ₹254.36 crores and the third quarter of the fiscal year 2024, which stood at ₹219.22 crores. This represents a quarter-over-quarter growth of 96.2% and a year-over-year growth of 127.7%, indicating a significant upward trend in the company's revenue generation. The substantial increase in total income could be attributed to various factors, including increased sales, successful new product launches, or enhanced market penetration, though specific reasons are not detailed in the data provided.
Profitability
The profit before tax for Saregama India Ltd in Q3FY25 was ₹84.45 crores, which is an increase from ₹59.30 crores in Q2FY25 and ₹70.08 crores in Q3FY24. This reflects a quarter-over-quarter increase of 42.4% and a year-over-year rise of 20.5%. Following the deduction of taxes amounting to ₹22.11 crores, the company achieved a profit after tax of ₹62.34 crores in Q3FY25. This profit figure shows a growth of 38.7% quarter-over-quarter from ₹44.95 crores and a year-over-year increase of 19.1% from ₹52.35 crores. The earnings per share (EPS) for this period was ₹3.20, which also saw an increase from the previous quarter's ₹2.30 and the corresponding quarter last year's ₹2.70, with growth rates of 39.1% QoQ and 18.5% YoY.
Operating Metrics
Analyzing the operating metrics, Saregama India Ltd's total expenses for Q3FY25 amounted to ₹414.69 crores, which is a significant increase from ₹195.06 crores in Q2FY25 and ₹149.14 crores in Q3FY24. This indicates a quarter-over-quarter rise of 112.6% and a year-over-year increase of 178.1%. Despite the substantial increase in expenses, the company managed to enhance its profitability, as reflected by the higher profit margins in the current quarter compared to both the previous quarter and the same period last year. The financial data provided did not include specific details on key financial ratios such as the P/E ratio, debt-to-equity ratio, or current ratio. These metrics are essential for a comprehensive analysis but are unavailable in the current dataset.
