Tips Music Q3 Net Profit Jumps 33% to ₹58.7 Cr, Declares ₹5 Dividend
Business
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Moneycontrol•19-01-2026, 15:31
Tips Music Q3 Net Profit Jumps 33% to ₹58.7 Cr, Declares ₹5 Dividend
- •Tips Music Limited reported a 33% year-on-year increase in net profit to ₹58.7 crore for the December quarter, driven by digital monetization.
- •Revenue grew by 21% to ₹94.3 crore, with operating EBITDA rising 34% to ₹74.5 crore and an EBITDA margin of 79%.
- •The company released 108 new songs (70 film, 38 non-film) and saw its YouTube subscribers reach 145.3 million.
- •An interim dividend of ₹5 per share was declared, totaling ₹63.91 crore, aligning with its capital return policy.
- •Despite strong results, Tips Music shares traded down 1.46% at ₹520.30 on NSE, with a 25.64% decline over the past year.
Why It Matters: Tips Music posted strong Q3 financial results with significant profit and revenue growth, plus a ₹5 dividend.
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