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Saregama India Posts Gains in Fiscal Q4 Consolidated Profit; Shares Jump 15%

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Saregama India (NSE:SAREGAMA, BOM:532163) logged gains in its consolidated attributable profit to 753.9 million Indian rupees in the fiscal fourth quarter ended March 31 against 601.3 million rupees a year ago.

Earnings per share climbed to 3.86 rupees from the year-ago figure of 3.11 rupees, according to a filing with the stock exchanges on Thursday by the media production house.

Shares of the company jumped 15% at market close.

Revenue from operations in the fiscal fourth quarter also increased to 2.87 billion rupees from 2.41 billion rupees a year earlier.

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