Saregama India Hits The Right Notes In Q2 FY27 With Strong Music And Live Events Performance, Adjusted EBITDA Jumps 39% To ₹118 Crore As Live Events Revenue More Than Doubles To ₹44.7 Crore
Mumbai: Saregama India reported strong earnings growth for the second quarter of FY27, with adjusted EBITDA rising 39 per cent year-on-year to ₹118 crore, supported by higher music revenue and a sharp expansion in its live events business. The music and entertainment company announced its September-quarter financial results on Tuesday, highlighting growth across key operating segments despite a…
Mumbai-based music and entertainment company Saregama India reported robust earnings growth for the second quarter of Financial Year 27, with adjusted EBITDA increasing 39% from the previous year to ₹118 crore. This growth was driven by higher music revenue and a significant expansion in the company's live events business. The company's September-quarter results, announced on Tuesday, showed performance across key operating segments, even though video revenue saw a decline.
During Q2 FY27, Saregama India's music business generated revenue of ₹251.3 crore, posting a 35% growth compared to the same period last year. The music segment remained a crucial contributor to the company's quarterly performance, with its catalogue continually expanding in both film and non-film categories across multiple regional languages.
The live events business, however, emerged as the standout performer, delivering a staggering 101% year-on-year revenue surge to ₹44.7 crore, more than doubling the figures from Q2 FY26. On the flip side, the video segment faced a 16% drop in revenue, settling at ₹18.3 crore for the quarter.
Profitability also improved, as Saregama India's adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose by 39% to ₹118 crore. Profit before tax (PBT) climbed 43% year-on-year to ₹85.8 crore, indicating stronger reported profitability for the quarter. Total expenses for the July-September period amounted to ₹196.3 crore.
To bolster its talent management portfolio, Saregama India added 54 artistes to its managed roster during the September quarter, bringing the total number of managed artists to 340. This expansion underscores the company's ongoing emphasis on strengthening its talent management operations. In Q2 FY27, Saregama released over 650 film and non-film tracks across various regional languages, enriching its music catalogue and content portfolio.
Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
