Moneycontrol
HomeNewsBusinessEarningsSaregama India Q4 net profit down 10.3% to Rs 14.84 crore
Trending Topics

Saregama India Q4 net profit down 10.3% to Rs 14.84 crore

The company had posted a net profit of Rs 16.55 crore in January-March quarter of previous fiscal, Saregama India said in a regulatory filing.

June 05, 2020 / 17:11 IST
Story continues below Advertisement

Music label Saregama India Ltd on Friday reported a 10.33 percent decline in consolidated net profit for the fourth quarter ended March 2020 at Rs 14.84 crore.

The company had posted a net profit of Rs 16.55 crore in January-March quarter of previous fiscal, Saregama India said in a regulatory filing.

Story continues below Advertisement

Revenue from operations declined 14.27 percent to Rs 108.66 crore during the quarter under review as against Rs 126.75 crore in the corresponding period of the previous fiscal.

Saregama's total expenses fell 20.47 percent to Rs 89.71 crore in March quarter as against Rs 112.81 crore a year ago.