Saregama India Q2FY25 results: Net profit falls 6.2% to Rs 44.95 crore

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Music label Saregama India Ltd on Tuesday reported a 6.2 per cent fall in its net profit to Rs 44.95 crore for the second quarter of the 2024-25 financial year despite a 40.5 per cent increase in revenue.

Saregama India, which is a part of the RP Sanjiv Goenka Group, posted a net profit of Rs 47.99 crore in the corresponding quarter of the last fiscal, a statement said.

The company reported a revenue of Rs 241.83 crore during the quarter that ended on September 30 as against Rs 172.35 crore in the same period of the previous fiscal.

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Category: BusinessFinance

Markets: India

Topics: Saregama India Ltd EMI Saregama RPSG Group Management Consulting Services Movie RP Sanjiv Goenka Group

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 15:03:22 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 340 words

Reading Time: 2 minutes read

Sentences: 14 lines

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Copyright Owner: © Business Standard

News ID: 23428005

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