Saregama India Limited , a leading entertainment IP company, has announced its financial results for the second quarter of fiscal year 2026, showcasing robust growth and strategic expansion across its business segments.

Financial Highlights

Saregama reported a consolidated revenue from operations of Rs 2,300 crore for Q2 FY26, marking an 11% increase quarter-on-quarter (QoQ). The company's profit before tax (PBT) rose to Rs 601 crore, reflecting an 18% growth QoQ. Key financial metrics for the quarter include:

*All figures in Rs crore

Segment Performance

The Music segment, including licensing and artist management, continued to be the primary revenue driver, contributing Rs 1,653 crore to the total revenue, a 12% year-on-year increase. The Video segment contributed Rs 218 crore to the revenue.

Operational Highlights

Saregama's digital footprint expanded significantly, with over 400 million followers and subscribers across YouTube, Instagram, and Facebook. The company released more than 1,500 tracks across various Indian languages during the quarter.

Notable releases included the Tamil album "Idli Kadai" starring Dhanush and the Bengali album "Dhumketu". The company also collaborated with major brands such as Hero, Flipkart, and Britannia for high-impact campaigns.

Strategic Initiatives

The company plans to invest approximately Rs 10,000 crore in new content over the next two years. This investment strategy aims to strengthen Saregama's IP portfolio across various entertainment segments.

Dividend Declaration

The Board of Directors has declared an interim dividend of Rs 4.50 per share (450% on the face value of Re. 1 each) for the financial year 2025-26. The record date for dividend eligibility is set for November 11, 2025.

Management Commentary

Avarna Jain, Vice Chairperson of Saregama India, stated, "H1 FY26 remained steady, reflecting overall industry conditions, and the outlook for the second half remains strong with several key projects and partnerships lined up. The company is in a strong position with its aggressive investment strategy coupled with diversifying business segments."

Future Outlook

Saregama aims to capitalize on the growing digital content consumption in India. With its diverse portfolio spanning music, films, and digital series, the company plans to leverage its IP to drive growth across various entertainment platforms.

The company's focus on expanding its digital presence, coupled with strategic investments in content creation, positions it in the evolving media and entertainment landscape. As India's music subscription market remains largely untapped compared to global standards, Saregama may benefit from potential growth in digital music consumption and monetization.

Saregama India Limited , a leading music and entertainment company, has announced a strategic move in the media industry. The company's material subsidiary, Pocket Aces Pictures Private Limited, is set to acquire 100% equity share capital of Finnet Media Private Limited for INR 8.7 crores.

Acquisition Details

The Board of Directors of Saregama India Limited approved the acquisition on September 25, 2025. The deal involves purchasing 3 lakh equity shares of Finnet Media, each with a face value of Rs. 10. This acquisition will make Finnet Media a wholly-owned subsidiary of Pocket Aces Pictures Private Limited.

Transaction Structure

The transaction is structured in two parts:

1. Initial Acquisition: Pocket Aces will acquire 100% equity share capital of Finnet Media for INR 8,69,67,750 (subject to certain adjustments as per the transaction agreements).

2. Future Share Acquisition: Upon completion of two years post the initial acquisition, Pocket Aces will also acquire 2,88,235 Optionally Convertible Preference Shares (OCPS) of Finnet Media. The pricing mechanism for this acquisition is provided in the transaction documents.

About Finnet Media

Finnet Media Private Limited, incorporated on March 28, 2022, operates in the media and entertainment industry. The company specializes in:

• Influencer marketing and social media marketing services
• Content creation, production, and distribution
• Talent management, particularly in the 'finance', 'health', and 'infotainment' sectors

Financial Performance

Finnet Media has shown promising growth since its inception:

Strategic Rationale

The acquisition is expected to bring several benefits to Pocket Aces and Saregama India:

1. Strengthening the artist and influencer management division of Pocket Aces
2. Generating operational synergies
3. Broadening market reach
4. Reinforcing Pocket Aces' position in influencer management

Transaction Timeline

The closing of the transaction is subject to customary conditions precedent and subsequent, as per the Transaction Agreements. The indicative timeline for completion is on or before October 30, 2025, unless extended as per the terms of the transaction documents.

Regulatory Compliance

Saregama India Limited has made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that this transaction does not fall within the ambit of related party transactions.

This strategic acquisition by Saregama's subsidiary Pocket Aces marks a significant step in expanding its presence in the rapidly growing influencer marketing and content creation space, potentially opening up new avenues for growth and synergies within the group.