Tips Music Q3 Profit Jumps 33%, Declares ₹5 Dividend Per Share
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CNBC Awaaz•19-01-2026, 15:50
Tips Music Q3 Profit Jumps 33%, Declares ₹5 Dividend Per Share
- •Tips Music Ltd. reported a 33% year-on-year increase in profit after tax (PAT) to ₹58.7 crore for Q3 FY26.
- •Revenue from operations grew by 21% to ₹94.3 crore, driven by digital revenue and margin expansion.
- •Operating EBITDA rose 34% to ₹74.5 crore, with an EBITDA margin of 79%, highlighting an asset-light, digital-led model.
- •The company released 108 new songs in Q3, expanding its catalog, and YouTube subscribers reached 145.3 million.
- •An interim dividend of ₹5 per share has been declared, totaling ₹63.91 crore, aligning with its capital return policy.
Why It Matters: Tips Music saw strong Q3 growth and declared a ₹5 dividend, driven by digital revenue and content expansion.
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