Salega Mind Second Quarter Results: Salega Mind Second Quarter Results: Net Income Increased 16.9% at Rs 34

New Delhi: On Monday, Music label Ltd reported a 16.87% increase in consolidated net income for the second quarter to September 2021 at Rs 13.80. Last year’s net income for the July-September quarter was Rs 28.92. Saregama said in a regulatory filing.

Salegama’s operating revenue was Rs 145.09, an increase of 34.21 percent over the period, compared to Rs 108.11 during the same period last fiscal year.

The total cost of the RP Sanjiv Goenka Group company was Rs 104.91 in the second quarter of 2021-22, but Rs 73.31 increased by 43.1%.

“India’s rapid digitization, further boosted by the recent home-based phenomenon, is a major driver of changes in content consumption habits. This trend is expected to continue for a long time and Salegama has adjusted its content strategy. Ride the wave of. ”

In the quarter, Saregama went beyond languages, including Akshay Kumar’s Stirrer Bell Bottom hits and multiple non-movie “original” songs in Hindi, Bhojpuri, Gujarati, Punjabi and Tamil. Has released a new song.

Shares of Saregama India Ltd were settled at BSE at Rs 4,216.80 per share on Monday, up 5% from the previous closing price.