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This song is from the 1949 Indian Telugu-language film Laila Majnu (= First names of girl and boy). Music was composed by C. R. Subburaman to the Lyrics penned by Samudrala Sr. Sung by Bhanumathi Ramakrishna.
The film was simultaneously in Indian Tamil-language and Lyrics were penned by S. D. Sundharam. This song was mentioned by one of the Judges for a reality TV show involving singers who sang this song, where the singers sang Q&A type questions.
Lyrics transliterated:
Preme Nera Mouna, Preme Nera Mouna
Mai Pai Ee Pagella, Vedanagane Ma Valapantha Vesaruna Ma
Preme Nera Mouna, Preme Nera Mouna
Mai Pai Ee Pagella, Vedanagane Ma Valapantha Vesaruna Ma
Ekora Nomu Nochukunnanu, Ekora Nomu Nochukunnanu Nenu,
Kule Nirasai Laila Brathuke
Preme Nera Mouna,
Mai Pai Ee Pagella, Vedanagane Ma Valapantha Vesaruna Ma
Preme Nera Mouna,
Priyude Vagapali Matimalane, Nanu Kaanaka Nilajalena
Ragile Maditho E Vela Manuna
Preme Nera Mouna,
Mai Pai Ee Pagella, Vedanagane Ma Valapantha Vesaruna Ma
Preme Nera Mouna,
Naa Asaye Maasipoye, Maruvalenu Needu Chinnanaati Baasa
Tudi Edi Aina, Nee Dhyaname Laila Paata
Preme Nera Mouna,
Mai Pai Ee Pagella, Vedanagane Ma Valapantha Vesaruna Ma
Preme Nera Mouna,
Galavant Reflections 