Saregama India shines on reporting 20% rise in Q2 consolidated net profit
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Saregama India is currently trading at Rs. 4329.50, up by 112.70 points or 2.67% from its previous closing of Rs. 4216.80 on the BSE.
The scrip opened at Rs. 4333.00 and has touched a high and low of Rs. 4427.60 and Rs. 4250.00 respectively. So far 2590 shares were traded on the counter.
The BSE group 'T ' stock of face value Rs. 10 has touched a 52 week high of Rs. 4,427.60 on 12-Oct-2021 and a 52 week low of Rs. 550.00 on 20-Oct-2020.
Last one week high and low of the scrip stood at Rs. 4427.60 and Rs. 3900.00 respectively. The current market cap of the company is Rs. 7494.82 crore.
The promoters holding in the company stood at 59.05%, while Institutions and Non-Institutions held 11.10% and 29.84% respectively.
The company has reported 25.24% rise in its net profit of Rs 33.25 crore for the quarter ended September 30, 2021 as compared to net profit of Rs 26.55 crore for the same quarter in the previous year. Total income of the company increased by 33.16% at Rs 147.32 crore for Q2FY22 as compared Rs 110.63 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 19.90% rise in its net profit attributable to owners of Rs 33.80 crore for the quarter ended September 30, 2021 as against net profit of Rs 28.19 crore for the same quarter in the previous year. Total income of the company increased by 34.68% at Rs 150.24 crore for Q2FY22 as compared Rs 111.55 crore for the corresponding quarter previous year.
