Advertising
From Pink Slips to Silent Sidelining: Inside adland’s layoff and anxiety crisis
Saregama India's ad spendings up by 27% to Rs 24.25 crore YoY; Net profit declines by 14%
Saregama India Ltd's consolidated net profit declined by 14.3% to Rs 37.09 crore between April and June FY25 from Rs 43.32 crore in the same quarter of FY24
Saregama buys NAV Records’ 6,500-track catalogue
Saregama India Ltd increased the consolidated spending on advertising and sales promotions by 27.3% to Rs 24.25 crore YoY in the first quarter of FY25. In the June quarter, the company scaled down its expenses on ads by 9% on QoQ basis. The company spent Rs 26.6 crore between January and March of FY24.
The music label company's consolidated net profit declined by 14.3% to Rs 37.09 crore between April and June FY25 from Rs 43.32 crore in the same quarter of FY24.
Saregama Ltd posted a revenue of Rs 205.28 crore in Q1 FY25 (April-June), up from Rs 163.34 crore YoY. Among the key segments, music accounted for Rs 142 crore in the company's revenue.
On a standalone basis, Saregama Ltd, revenue for the Q1 FY stood at Rs 173 crore (approx). The company's consolidated net profit declined by 13.8% to Rs 37.3 crore in Q1 FY25 as against Rs 43.3 crore in the same quarter in FY24.
According to the RPSG Group company, the April-June quarter saw the release of the chartbuster song “Tauba Tauba” from the movie “Bad Newz” which topped every possible chart in the country, including Spotify, YouTube, Wynk, Radio, etc.
As per the stock filings, Saregama releases more than 330 released 330 plus Originals and Premium Recreations across Hindi, Bhojpuri, Gujarati, Punjabi, Tamil, Telugu, Malayalam, Marathi and Bengali languages.
"FY25 has begun on a strong note with our new music release topping charts across different platforms and Punjabi films also getting an excellent response from the viewers. Diversification also gained momentum with successful live events and the launch of a third Saregama talent. We have another exciting fiscal year coming up Expect the company to gain new heights," Avarna Jain, Vice Chairperson Saregama India said.
Shares of the Saregama Ltd declined on the National Stock Exchange (NSE) by 1.88% to Rs 525.90 at 3 pm on Friday.
SPOTLIGHT
From purpose-driven work and narrative-rich brand films to AI-enabled ideas and creator-led collaborations, the awards reflect the full spectrum of modern creativity.
Read More“Confusion creates opportunity for agile players,” Sir Martin Sorrell on industry consolidation
Looking ahead to the close of 2025 and into 2026, Sorrell sees technology platforms as the clear winners. He described them as “nation states in their own right”, with market capitalisations that exceed the GDPs of many countries.