VLC Media Player comes loaded with tons of features and customization which almost make it a basic video editing software. VLC player can be used to extract audio from common video file formats like MP4. You can save the extracted audio in MP3, OGG and many other audio formats.
Note: Use the latest version of VLC Player for this feature to work correctly.
The Quality of the extracted audio depends on the source video file. In this tutorial we would be extracting audio in MP3 format from a MP4 video file