Saregama India Limited CC-Mar25.pdf · 2025-05-16
Firstly, our music licensing business ex of artist management and the Carvaan business has grown just 3%, 4% for the full year FY '25, while the comparable peer has reported 27%, 28% growth in the similar line of business. So can you help me understand the variance here?
Sir, a clarification. So we had a good hit rate in this financial year, while -- and we have invested in content acquisition also. So the licensing business should have grown. And if we -- so as you report in PBT and your investor presentation and the segmental reporting, we can get the music licensing business ex of Artist Management and Carvaan. So that has not shown the growth that what I was asking.