Saregama India, One of India’s largest music labels, has reported an operating income of Rs 45. 53 crores for the quarter ending September 30, 2013, up 21.35% from Rs 35.81 crores reported at the end of June 30, 2013 and up 9.49% from Rs 41.21 crores reported at the end of the same quarter last year. Of this, Licensing Fees brought in Rs 29.08 crores for Q2-FY13, up 21.05% from Rs 22.96 crores reported in Q1, and up 6.95% from Rs 27.06 crores reported at the end of the same quarter last year. Net sales brought in comparatively less income, at Rs 16.37 crore. The company's net profit has increased to Rs 2.49 crores, up 26.51% from Rs 1.83 crores reported at the end of Q1-FY13 and up 56.22% from Rs 1.09 crores reported at the end of the same quarter last year. The company reported total expenses of Rs 43.60 crores for the quarter ending September 30, 2013, up 21.86% from Rs 34.07 crores at the end of quarter ending June 30, 2013 and up 10.16% from Rs 39.17 crores at the end of the same quarter last year. Of this amount, the cost of production of films, television serials and portal was reported at Rs 13.83 crores for the quarter ending September 30, 2013, up 35.86% from Rs 8.87 crores reported at the end of June 30, 2013 and up 45.19% from Rs 7.58 crores reported at the end of the same quarter last year. Segment wise revenue - Films &…
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
News
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
Advert
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
News
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
News
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...