Saregama India Limited’s Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, during a meeting held on August 4, 2026. The approval marks the completion of the quarterly reporting cycle for Q1FY26, ensuring transparency for investors and regulators regarding the company’s operational performance. Managing Director Vikram Mehra signed off on the results, which are now available for public scrutiny.

The financial results were published in compliance with Regulations 30 and 47 read with Schedule II of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. On August 5, 2026, Saregama India published the results in all editions of Financial Express (English) and Aajkaal (Bengali). This publication step is mandatory under Regulation 33 read with Regulation 47(1) of the SEBI Listing Regulations to ensure wide dissemination of material information to stakeholders.

Key Details of the Filing

The filing was authorized by Nayan Kumar Misra, Company Secretary and Compliance Officer (Membership No: A26243), who submitted the intimation to the listing departments of both the National Stock Exchange of India Limited and BSE Limited. The submission confirms that the limited review report accompanying the financial results has been prepared in accordance with statutory requirements.

Investors can access the detailed financial statements and the limited review report via the stock exchange websites ( www.bseindia.com and www.nseindia.com ) or directly through the company’s investor relations page at www.saregama.com/static/investors . A QR code provided in the official communication links directly to these documents for ease of access.

What the Numbers Show

While the specific financial metrics such as revenue, net profit, or EBITDA are not disclosed in this intimation letter, the approval of both standalone and consolidated results indicates a comprehensive assessment of the company’s financial health. The availability of the limited review report suggests that the figures have undergone independent verification, adding credibility to the reported numbers. Stakeholders are advised to review the full document on the exchange portals for detailed insights into the company’s performance drivers and margin trends for Q1FY26.

Saregama India Limited reported a consolidated net profit of ₹519 million for the quarter ended June 30, 2026 (Q1FY27), marking a 42% year-on-year increase from ₹365 million in Q1FY26. Consolidated revenue from operations rose 27% year-on-year to ₹2,636 million, outpacing the company's FY27 guidance. The strong financial performance was primarily driven by the Music segment, which saw a 39% YoY growth in revenue to ₹2,306 million, alongside significant expansion in Live Events. The results were approved by the Board of Directors on August 4, 2026, and reviewed by statutory auditors B S R & Co. LLP. The company also made the audio link of the Q1FY27 earnings conference call available on its website following the meeting.

The Board meeting authorized Managing Director Vikram Mehra, Chief Financial Officer Abhishek Kapoor, and Company Secretary Nayan Kumar Misra to determine materiality of events for disclosure purposes pursuant to Regulation 30(5) of the SEBI Listing Regulations. The unaudited financial results were prepared in accordance with Ind AS 34. Pursuant to Regulation 30 and Regulation 46(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio link for the conference call held on Tuesday, August 4, 2026, at 03:00 P.M. (IST) has been published on the company’s website.

Consolidated Financial Highlights

The following table summarizes the key consolidated financial metrics for the quarter:

Standalone net profit stood at ₹5,260 lakhs in the previous reporting period context, but consolidated PAT margin improved to 20% from 18% year-on-year. Other income decreased significantly to ₹42 million from ₹142 million in the prior year period.

Segment Performance

The Music segment remains the primary revenue driver, accounting for approximately 83% of total business mix as per FY26 data, contributing ₹2,131 million from Licensing and Artist Management and ₹175 million from Retail. Live Events showed substantial growth, with revenue rising 214% to ₹160 million, driven by concerts, devotional shows, and stand-up comedy. In contrast, the Video segment saw a decline in revenue to ₹170 million from ₹357 million year-on-year, as the company pivots away from own film production.

The following table provides a snapshot of segment-wise revenue performance:

Key Analytical Observations

A notable analytical observation is the divergence between operating profitability and comprehensive income due to non-cash valuation adjustments. While the company reported a solid profit before tax of ₹705 million, total comprehensive income was boosted by asset revaluations. Additionally, the group absorbed a share of net loss of ₹12 million from its associate, Bhansali Productions Private Limited, contrasting with a profit share in previous periods.

Operational highlights include the release of 750+ tracks generating 250 million+ streams and views across Spotify and YouTube. The company added 33 artistes in Q1FY27, taking the total roster to 309 artistes with an aggregate digital reach of over 440 million. YouTube subscribers grew to 211 million, up from 160 million in Q1FY26.