Saregama Q2 Results: Revenue Rises 37% to ₹314 Crore; Shares Gain 7.31% 

Mumbai, November 04: Saregama India Limited, part of the RPSG Group, reported revenue from operations of ₹314.3 crore for the quarter ended September 30, 2026, registering 37% year-on-year growth. 

Adjusted EBITDA increased 39% to ₹118 crore, while profit before tax (PBT) rose 43% to ₹85.8 crore, according to the company’s Q2 FY27 financial highlights. 

Saregama Q2 FY27 Segment Performance 

The music business, comprising licensing, artiste management and retail, generated revenue of ₹251.3 crore, up 35% year-on-year. Music EBITDA increased 37% to ₹154 crore, while the segment’s net margin grew 46% to ₹116.5 crore. 

The live events business reported revenue of ₹44.7 crore, registering 101% year-on-year growth. The company attributed the performance to a higher number of events and expansion across concert, devotional and stand-up comedy formats. 

The video business, covering films, television, digital series and short-format content, recorded revenue of ₹18.3 crore, down 16% year-on-year. 

Saregama’s Q2 FY27 Operational Highlights 

Saregama released more than 650 films and non-film tracks during the quarter across multiple Indian languages. It added 54 artistes, taking its total roster to 340, with an aggregate digital reach of over 450 million. 

The company’s digital footprint also crossed 700 million followers and subscribers across YouTube, Instagram and Facebook. 

Stock Market Snapshot 

The Saregama share price was trading at ₹603.30, up ₹41.10 or 7.31% on Wednesday, November 4, 2026, at 12:49:28 PM IST, compared with the previous close of ₹562.20. The stock opened at ₹565. 

About Saregama India Limited 

Saregama India Limited is an entertainment intellectual property company and part of the RPSG Group. Its portfolio includes film and non-film music, digital series, television content, film production, short-format content, artiste and influencer management, live events and retail products. 

Conclusion 

Saregama reported 37% revenue growth in Q2 FY27, supported by expansion in its music and live events businesses. The company also continued to grow its artiste roster and digital reach, while revenue from its video business declined 16% year-on-year.  

Source: 

• https://www.nseindia.com/get-quote/equity/SAREGAMA/Saregama-India-Limited 
• https://nsearchives.nseindia.com/corporate/SAREGAMA_04112026123404_Finalpressreleaseandpresentation_signed.pdf