SAREGAMA2026-07-012026-09-30SAREGAMA2026-09-30SAREGAMA2026-03-31SAREGAMA2026-04-012026-09-30SAREGAMA2026-07-012026-09-30in-capmkt:OtherExpenses1MemberSAREGAMA2026-07-012026-09-30in-capmkt:OtherExpenses2MemberSAREGAMA2026-07-012026-09-30in-capmkt:OtherExpenses3MemberSAREGAMA2026-07-012026-09-30in-capmkt:OtherExpenses4MemberSAREGAMA2026-04-012026-09-30in-capmkt:OtherExpenses1MemberSAREGAMA2026-04-012026-09-30in-capmkt:OtherExpenses2MemberSAREGAMA2026-04-012026-09-30in-capmkt:OtherExpenses3MemberSAREGAMA2026-04-012026-09-30in-capmkt:OtherExpenses4MemberSAREGAMA2026-09-30OtherNoncurrentFinancialAssetsDomain1SAREGAMA2026-09-30OtherNoncurrentAssetsDomain1SAREGAMA2026-09-30OtherCurrentFinancialAssetsDomain1SAREGAMA2026-09-30OtherCurrentAssetsDomain1SAREGAMA2026-09-30OtherNoncurrentFinancialLiabilitiesDomain1SAREGAMA2026-09-30OtherNoncurrentFinancialLiabilitiesDomain2SAREGAMA2026-09-30OtherCurrentFinancialLiabilitiesDomain1SAREGAMA2026-09-30OtherCurrentFinancialLiabilitiesDomain2SAREGAMA2026-09-30OtherCurrentLiabilitiesDomain1SAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments1MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments2MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments3MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments4MemberSAREGAMA2026-04-012026-09-30in-capmkt:ReportableSegments1MemberSAREGAMA2026-04-012026-09-30in-capmkt:ReportableSegments2MemberSAREGAMA2026-04-012026-09-30in-capmkt:ReportableSegments3MemberSAREGAMA2026-04-012026-09-30in-capmkt:ReportableSegments4MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments1MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments2MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments3MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments4MemberSAREGAMA2026-04-012026-09-30in-capmkt:ReportableSegments1MemberSAREGAMA2026-04-012026-09-30in-capmkt:ReportableSegments2MemberSAREGAMA2026-04-012026-09-30in-capmkt:ReportableSegments3MemberSAREGAMA2026-04-012026-09-30in-capmkt:ReportableSegments4MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments1MemberSAREGAMA2026-09-30in-capmkt:ReportableSegments1MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments2MemberSAREGAMA2026-09-30in-capmkt:ReportableSegments2MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments3MemberSAREGAMA2026-09-30in-capmkt:ReportableSegments3MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments4MemberSAREGAMA2026-09-30in-capmkt:ReportableSegments4MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments1MemberSAREGAMA2026-09-30in-capmkt:ReportableSegments1MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments2MemberSAREGAMA2026-09-30in-capmkt:ReportableSegments2MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments3MemberSAREGAMA2026-09-30in-capmkt:ReportableSegments3MemberSAREGAMA2026-07-012026-09-30in-capmkt:ReportableSegments4MemberSAREGAMA2026-09-30in-capmkt:ReportableSegments4MemberSAREGAMA2026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1SAREGAMA2026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1SAREGAMA2026-07-012026-09-30ItemsThatWillBeReclassifiedToProfitAndLoss1SAREGAMA2026-04-012026-09-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares532163SAREGAMANOTLISTEDINE979A01025SAREGAMA INDIA LIMITEDMain BoardEquity2026-04-012027-03-312026-11-042026-10-15INRLakhsQuarterlySecond quarterMulti segment2026-11-0411:00:002026-11-0412:20:00trueCash Flow IndirectNot applicable2026-07-012026-09-30UnauditedConsolidated314300000051700000319470000000033670000013200000240400000178660000023769000008178000000817800000165500000505000002160000000601800000000399000006417000005100000646800000646000000-4200000650900000-400000019280000013.373.36003.373.36 <br /> 1. The above consolidated financial results for the three months and six months ended 30 September 2026 have been reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors of Saregama India Limited ('Parent Company') in their respective meetings held on 4 November 2026. These consolidated financial results have been prepared in accordance with the Indian Accounting Standards ("Ind-AS") as specified under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016 and provisions of the Companies Act, 2013. These results have been subjected to limited review by the Statutory Auditors of the Parent Company who have issued an unmodified review report on the consolidated financial results for the three months and six months ended 30 September 2026. <br /> <br /> 2. The Consolidated financial results are prepared in accordance with the principles and procedures as set out in Ind AS 110, notified by the Ministry of Corporate Affairs. The consolidated financial results of the Company include its eight subsidiaries (including two step-down subsidiaries), i.e. Saregama Limited (formerly known as Saregama Plc.), RPG Global Music Limited, Saregama FZE, Kolkata Metro Networks Limited, Pocket Aces Pictures Private Limited, Saregama Inc. (Step-down subsidiary of Saregama India Limited), Finnet Media Private Limited (Step-down subsidiary of Saregama India Limited) and Saregama Performing Arts & Music Festivals L.L.C S.O.C, (wholly owned subsidiary) (hereinafter referred to as the "Group"), combined on a line-by-line basis by adding together the book values of like items of assets, liabilities, income and expenses, eliminating intra-group balances and transactions and resulting unrealised gains/losses. The Consolidated financial results are prepared applying uniform accounting policies. The Group has one joint venture, i.e. Saregama Regency Optimedia Private Limited, which is under liquidation with effect from 19 September 2016. Accordingly, this entity has not been consolidated by the Group. The consolidated financial results also include the share of profit/(loss) of equity accounted investee — Bhansali Productions Private Limited — which is accounted for under the equity method as set out in Ind AS 28 - 'Investments in Associates and Joint Ventures', notified by the Ministry of Corporate Affairs. <br /> <br /> 3. Out of the 53,38,628 equity shares of Rs.10/- each issued for cash at a premium of Rs.35/- (issue price - Rs.45/-) pursuant to the Rights Issue in 2005, allotment of 5,290 equity shares of face value Rs.10/- each (relating to cases under litigation / pending clearance from concerned authorities) were in abeyance till 30 September 2026. These shares have now been adjusted on account of sub-division of share done by the Parent Company. <br /> <br /> 4. (i) The Group’s current business activities are being disclosed under four separate operating segments, e.g. (a) Music (b) Artist Management (c) Video and (d) Events. <br /> Segment Revenue, Results, Assets and Liabilities represent amounts identifiable to each of the segments. Other "unallocable expenditure net of unallocable income" mainly includes interest income, expenses on common services not directly identifiable to individual segments and corporate expenses. <br /> Segment Assets and Segment Liabilities are as at 30 September 2026, 30 June 2026, 30 September 2025 and 31 March 2026. Unallocable corporate assets less unallocable corporate liabilities mainly represent investment of surplus funds and cash and bank balances. <br /> (ii) Provision of Rs. 987 lakhs has been written back during the year ended 31 March 2026 based on management's best estimate in the normal course of business. <br /> <br /> 5. During the previous year ended 31 March 2026, Pocket Aces Pictures Private Limited ("PAPPL"), one of the subsidiaries of the Parent Company, had acquired 100.00% equity shares in Finnet Media Private Limited ("FMPL"), a fast-growing digital entertainment company, on 19 November 2025. The results for the three months and six months ended 30 September 2026, three months ended 30 June 2026 and year ended 31 March 2026 include the impact of the aforesaid transaction with effect from 19 November 2025, and are not comparable with the results for the three months and six months ended 30 September 2025. <br /> <br /> 6. During the previous year ended 31 March 2026, the Parent Company had acquired 9,960 Compulsory Convertible Preference Shares (CCPS) in Bhansali Productions Private Limited ("BPPL"), a company engaged in the business of film and content production. The Parent Company had completed its acquisition of the aforesaid securities on 30 January 2026. The results for the three months and six months ended 30 September 2026, three months ended 30 June 2026 and year ended 31 March 2026 include the impact of the aforesaid transaction with effect from 30 January 2026, and are not comparable with the results for the three months and six months ended 30 September 2025. <br /> <br /> 7. On 21 November 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 hitherto existing labour laws. The Ministry of Labour & Employment has published Rules and FAQs to enable assessment of the financial impact of these regulatory changes. The Group had assessed and disclosed the incremental impact of Rs. 853 lakhs for the year ended 31 March 2026 as an "Exceptional item" in the consolidated financial results for the previous year ended 31 March 2026. <br /> <br /> 8. The Parent Company adopted Revaluation model for land at time of transition to Ind AS. Accordingly, Parent Company’s land was revalued during the quarter ended 30 June 2026 by registered independent valuer using market approach. The resultant incremental value amounting to Rs. 1,263 lakhs has been shown under Other Comprehensive Income for the three months ended 30 June 2026 and six months ended 30 September 2026. The corresponding tax impact has also been charged through Other Comprehensive Income. <br /> <br /> 9. The Nomination and Remuneration Committee of the Board of Directors of the Parent Company at its meeting held on 30 September 2026 has approved the grant of 10,50,000 options to an eligible employee of the Parent Company under the Saregama Employee Stock Option Scheme 2013. The share-based payment expense in respect of the said grant has been recognised in accordance with Ind AS 102 'Share-based Payment'. <br /> <br /> 10. For more details on Results, visit Investor Relations section of our website at http://www.saregama.com and Financial Results under Corporates section of www.nseindia.com and www.bseindia.com. <br /> 2026-04-012026-09-30UnauditedConsolidated57790000009380000058728000000006114000003490000047680000032147000004337800000153500000001535000000348600000537000004023000000113270000000027800000116050000010960000012701000001161600000-10000001272000000-180000019280000016.056.05006.056.05Operational Cost1185100000Advertisement and sales promotion137900000Royalty Expense183200000Other Expenses280400000Operational Cost1999500000Advertisement and sales promotion308800000Royalty Expense357700000Other Expenses5487000002342200000195000002939200000521930000031352000000027450000027450000059000007262000001466200000024442000009021000002027700000435900000104130000018940000011822000005778600000280500000124760000097509000002441290000019280000018014400000182072000002350000018230700000025530000025530000095700000687600000103860000087500000509000001633800000168470000085940000026316000001671000000827800000132000005143600000618220000024412900000Other non current financial assets274500000Other non-current assets726200000Other current financial assets1182200000Other current assets1247600000Lease liabilities7900000Other non-current financial liabilities247400000Lease liabilities7000000Other current financial liabilities852400000Other current liabilities1671000000Music2007000000Artist Management505500000Video183300000Events447200000Music3853000000Artist Management965700000Video352900000Events607400000314300000057790000000031430000005779000000Music1112100000Artist Management53000000Video-32000000Events-28400000Music2060800000Artist Management100600000Video-75400000Events-285000001104700000205750000013200000349000002737000004876000008178000001535000000Music11564400000Artist Management573700000Video2062900000Events79530000014996300000941660000024412900000Music3624100000Artist Management483400000Video161800000Events33760000046069000001575300000618220000034900000-9900000-3836000000-345900000000012600000001142300000047680000000000-2300000002800000-1560000000011030000001135800000267080000000-46500000357100000022672000000000000001274100000000000000000000000564000000-253700000-1471400000000000000616300000990000002480000000-6510000001448000009400000154200000281700000435900000Items that will not be reclassified to profit or loss57000005700000Items that will not be reclassified to profit or loss132000000132000000150000019500000Items that will be reclassified to profit or loss900000900000Items that will be reclassified to profit or loss-2900000-2900000005100000109600000