Saregama strikes the right chord with Pocket Aces; musicals, bigger titles in the making
The digital entertainment company is upping the music quotient in its content and is working on bigger projects post the acquisition by the music label Saregama.
SAREGAMA INDIA LTD. - 532163 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Company shall be participating in JM Financial India Conference SAREGAMA INDIA LTD. - 532163 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Q3FY24 Earnings Conference Call - Transcript SAREGAMA INDIA LTD. - 532163 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed copies of Newspaper Publication as published in all the editions of Financial Express and Aajkal in connection with declaration of Interim dividend, Fixation of Record Date and Tax provisions applicable on Dividend SAREGAMA INDIA LTD. - 532163 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Company shall be participating in the Nuvama India Conference 2024 and Antique's Annual Investor Conference. SAREGAMA INDIA LTD. - 532163 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Intimation of Newspaper Publication for Unaudited Financial Results (Standalone and Consolidated) of the Company, for the quarter and nine months ended on 31st December, 2023. SAREGAMA INDIA LTD. - 532163 - Audio Link Of Analyst/ Investor Conference Call For Q3FY24
Pursuant to Regulation 30, Regulation 46(2) and any other applicable provisions of SEBI (LODR) Regulations, 2015. We write to inform you that Audio Link of the Q3FY24 Results Conference Call held on Friday, 09th February, 2024 at 02:45 P.M. (IST) for the quarter and nine months ended on 31st December, 2023 has been made available on the Company''s website SAREGAMA INDIA LTD. - 532163 - Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (''SEBI Listing Regulations'')
Pursuant to Regulation 32 of the SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11th July, 2023, please note that there are no deviation(s) or variation(s) in respect of the utilization of the proceeds of the Qualified Institutions Placements (''QIP'') of the Company during the third quarter and nine months ended on 31st December, 2023, as mentioned in the use of proceeds of the placement Document dated 10th November, 2021. Please find enclosed herewith a statement in this regard. The aforesaid Statement has been reviewed by the Audit Committee in its meeting held on Friday, 9th February, 2024 Q3FY24 Quarterly Result Announced for Saregama India Ltd.
Movies & Entertainment company Saregama India announced Q3FY24 results: Financial Performance: - Total Operating Revenue for the quarter stood at Rs 2,043 million. - Adjusted EBITDA reached Rs 822 million, achieving a healthy margin of 40%. - Profit After Tax (PAT) was reported at Rs 523 million, marking a 9% increase over the second quarter of the fiscal year 2024. Dividends: - The board has declared an interim dividend of Rs 4 per share, which translates to a 400% dividend on the face value of Re 1 each. Acquisitions and Partnerships: - Saregama completed the acquisition of a majority stake in the digital entertainment company Pocket Aces Pictures Pvt Ltd in November 2023. Content and Digital Presence: - Music segment revenue saw a robust increase to Rs 1,690 million, bolstered by new content releases. - Several major music releases occurred, including Divine's song and India concert tour agreement. - Over 370 Originals and Premium Recreations were released across various languages. - Launched more than 1,700 derivative tracks driving the catalog’s growth. - Digital channels under Saregama's control have amassed 232 million followers and subscribers across various platforms. Live Events and Other Highlights: - Successful tours by artists like Diljit Dosanjh, and thematic events with celebrities such as Javed Akhtar. Avarna Jain, Vice Chairperson, Saregama India, said, “We continue to strengthen our position across IPs in music and video formats, catering to entertainment needs of different target groups, We are well on course of achieving our targeted content investment for this year, laying a strong foundation for profitable growth in the years to come. The legacy of rewarding shareholders continues with the board declaring a 400% dividend”. Result PDF SAREGAMA INDIA LTD. - 532163 - Announcement under Regulation 30 (LODR)-Dividend Updates
Approved and declared interim dividend