Kolkata company Saregama saw its share price take a dive on announcement of its December quarter numbers. Net profit was stagnant for the company, at Rs. 1.3 crore this quarter compared to Rs. 1.2 crore the same quarter last year. While revenues were up at Rs. 93.7 crore (compared to Rs. 54.2 crore the same quarter last year), the company took significant losses on inventories which impacted net profits.