{"id":161545,"date":"2024-05-23T09:03:33","date_gmt":"2024-05-23T13:03:33","guid":{"rendered":"https:\/\/44.250.171.167\/?p=161545"},"modified":"2024-05-23T09:03:34","modified_gmt":"2024-05-23T13:03:34","slug":"saregama-india-ltd-q4fy24-23-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/saregama-india-ltd-q4fy24-23-rise-in-profits\/","title":{"rendered":"Saregama India Ltd Q4FY24; 23% 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 Q4FY24 of \u20b9263.00 Crores up from \u20b9204.00 Crore year on year, a rise of 28.92%.<\/p>\n\n\n\n<p>Total Expenses for Q4FY24 of \u20b9205.00 Crores up from \u20b9162.00 Crores year on year, a rise of 26.54%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b954.00 Crores up 22.73% from \u20b944.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b92.79, up 22.91% from \u20b92.27 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-177-839x1024.png\" alt=\"\" class=\"wp-image-161546\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-177-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-177-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-177-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-177-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-177.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\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":161546,"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":[12404,13849,907],"class_list":["post-161545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-entertainment-stocks","tag-carvaan","tag-music-label","tag-music-streaming"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-177.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":161545,"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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