Saregama India Limited announced its unaudited financial results for the quarter ended September 30, 2026. The company reported a significant 37% year-on-year revenue growth, reaching ₹3,143 Mn. Adjusted EBITDA also saw a substantial increase of 39% YoY to ₹1,180 Mn. The music segment, in particular, demonstrated strong performance with 35% YoY revenue growth, supported by robust licensing, artist management, and retail operations.
Saregama Reports Strong Q2 FY27 Financials
Saregama India Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company posted a consolidated revenue from operations of ₹3,143 Mn, marking a substantial 37% increase compared to the same period last year. This growth was primarily driven by a strong performance across its business segments.
Key Financial Highlights
The company’s Adjusted EBITDA for the quarter stood at ₹1,180 Mn, reflecting a 39% year-on-year growth. The profit before tax (PBT) also surged by 43% YoY to ₹858 Mn. These figures indicate robust operational efficiency and effective monetization strategies implemented by the company.
Segmental Performance
Music Segment
The Music segment, encompassing Licensing, Artiste Management, and Retail, was a key driver of growth. Revenue from this segment reached ₹2,513 Mn, a 35% YoY increase. Music EBITDA grew by 37% YoY to ₹1,540 Mn, with a net margin of ₹1,165 Mn, showing a 46% YoY increase. This performance highlights the continued strength and expansion of Saregama’s music business.
Live Events Segment
The Live Events segment demonstrated exceptional growth, with revenue increasing by a remarkable 101% YoY to ₹447 Mn. This surge is attributed to a higher number of events organized, showcasing the company’s ability to scale its live entertainment offerings and leverage its multi-format portfolio.
Video Segment
The Video segment, including Films, TV, Digital Series, and Short Format content, registered a revenue of ₹183 Mn. This represents a 16% YoY moderation, as the company continues its calibrated approach, focusing on selective content investments and shifting away from direct film production towards partnerships.
Operational Highlights
In operational terms, Saregama released over 650+ films & non-films tracks in Q2 FY27 across various languages. Key music releases included the Telugu film album “The Paradise” and the Tamil film album “Meesaya Murukku 2”, along with several chartbuster songs. The company also expanded its artiste roster by adding 54 artistes, bringing the total to 340, with a collective digital reach exceeding 450 million.
The Live Events business saw scaled-up concerts and comedy formats featuring renowned artistes. Additionally, Saregama collaborated with marquee brands such as Google, Cadbury, Apple, and Reliance for integrated campaigns, leveraging its intellectual property (IP) to drive engagement.
The company’s digital footprint across its managed artistes and owned channels grew to over 700 Mn+ followers and subscribers on key social media platforms.
About Saregama India and RPSG Group
Saregama India Ltd., a part of the RPSG Group, is an established Entertainment IP company with a legacy dating back to 1902. Its diverse portfolio covers film and non-film music, digital series, TV content, film production, artiste management, live events, and retail products.
The RP-Sanjiv Goenka Group is a rapidly growing conglomerate with interests in power, energy, carbon black manufacturing, retail, IT services, FMCG, media and entertainment, and agriculture.
Source: BSE
