{"id":150127,"date":"2023-07-27T05:50:20","date_gmt":"2023-07-27T09:50:20","guid":{"rendered":"https:\/\/44.250.171.167\/?p=150127"},"modified":"2023-07-27T05:50:22","modified_gmt":"2023-07-27T09:50:22","slug":"saregama-india-ltd-q1fy24-2-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/saregama-india-ltd-q1fy24-2-rise-in-profits\/","title":{"rendered":"Saregama India Ltd Q1FY24; 2% rise in Profits"},"content":{"rendered":"\n<p>Saregama is the oldest music label company from India (established 1902, erstwhile &#8220;Gramophone Company of India&#8221; &amp; then &#8220;HMV&#8221;). The company is aiming to be a pure-play content company supported by the global consumption boom. Since 2017, Saregama has been making headlines again owing to the launch of two unique initiatives, Saregama Carvaan and Yoodlee Films.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Saregama India Ltd reported Revenues for Q1FY24 of \u20b9163.00 Crores down from \u20b9166.00 Crore year on year, a fall of 1.81%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b9121.00 Crores up from \u20b9119.00 Crores year on year, a rise of 1.68%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b943.00 Crores up 2.38% from \u20b942.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b92.25, up 3.69% from \u20b92.17 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-284.png\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-284-839x1024.png\" alt=\"\" class=\"wp-image-150128\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-284-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-284-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-284-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-284-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-284.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saregama is the oldest music label company from India (established 1902, erstwhile &#8220;Gramophone Company of India&#8221; &amp; then &#8220;HMV&#8221;). The company is aiming to be a pure-play content company supported by the global consumption boom. Since 2017, Saregama has been making headlines again owing to the launch of two unique initiatives, Saregama Carvaan and Yoodlee [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":150128,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5749],"tags":[8225,12404,907],"class_list":["post-150127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-entertainment-stocks","tag-broadcasting","tag-carvaan","tag-music-streaming"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-284.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":167492,"url":"https:\/\/alphastreet.com\/india\/saregama-india-ltd-q3fy25-19-rise-in-profits\/","url_meta":{"origin":150127,"position":0},"title":"Saregama India Ltd Q3FY25; 19% rise in Profits","author":"Chirag Gupta","date":"March 20, 2025","format":false,"excerpt":"Saregama is the oldest music label company from India (established 1902, erstwhile \"Gramophone Company of India\" & then \"HMV\"). 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