Shares of Saregama India rallied sharply over 10% in Friday’s trade, extending gains after the company reported a strong set of quarterly earnings for the March 2026 quarter.
As of 10:35 AM IST, the stock touched an intraday high of ₹425.00 compared to the previous close of ₹384.55. The stock opened at ₹390 and hit an intraday low of ₹389 during the session. Trading activity remained robust, with live volume crossing 1.92 crore shares.
Despite the sharp rally, the stock still remains below its 52-week high of ₹603, while comfortably above its 52-week low of ₹307.05.
The strong momentum comes after the stock had already surged over 18% on Thursday, May 14, following the company’s impressive Q4 FY26 earnings announcement.
Saregama India Q4 FY26 Results
Saregama India reported a 25.4% year-on-year (YoY) rise in net profit for the March quarter at ₹75.4 crore, compared to ₹60.1 crore in the corresponding quarter last year.
Revenue from operations increased 19.4% YoY to ₹287.4 crore against ₹240.8 crore reported in the year-ago quarter, reflecting healthy growth across the company’s music and entertainment businesses.
The company also posted strong operational performance during the quarter. EBITDA jumped 50% YoY to ₹120.8 crore from ₹80.6 crore in the same quarter last fiscal.
EBITDA margin expanded sharply by 858 basis points to 42.05%, compared to 33.47% a year earlier, indicating improved profitability and operating leverage.