Saregama India Reports Strong Q3 Results with Record Sales and Profitability Metrics

Saregama India has recently reported its financial results for the quarter ending December 2024, showcasing notable developments in its performance metrics. The company has experienced a significant adjustment in its evaluation, with its score reflecting a positive shift from -1 to 17 over the past three months.
The financial results indicate that Saregama India achieved net sales of Rs 483.43 crore, marking a substantial growth compared to the average net sales of the previous four quarters. This figure represents the highest quarterly sales recorded in the last five quarters, suggesting a robust near-term sales trend.

In terms of profitability, the operating profit reached Rs 84.37 crore, also the highest in the last five quarters. Profit Before Tax (PBT) stood at Rs 68.74 crore, reflecting a notable increase over the average PBT of the previous four quarters. Similarly, Profit After Tax (PAT) was reported at Rs 62.31 crore, again the highest in the last five quarters, indicating a strong upward trajectory in profitability.

Additionally, the earnings per share (EPS) reached Rs 3.23, further highlighting the company's ability to generate higher earnings for its shareholders. The cash and cash equivalents also showed improvement, reaching Rs 731.92 crore, indicating enhanced short-term liquidity.

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