Tips Music Q2 Results: Net Profit Rises 25% YoY To Rs 66 Crore; Interim Dividend Declared
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Tips Music reported a 24.5% rise in net profit to Rs 66 crore for the September quarter.
- ✓Revenue grew 34.8% to Rs 120 crore.
- ✓The company announced an interim dividend of Rs 6.50 per share.
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Tips Music Q2 Results: Tips Music reported a 24.5% year-on-year (YoY) rise in net profit to Rs 66 crore for the quarter, compared with Rs 53 crore in the year-ago period.
Revenue increased 34.8% YoY to Rs 120 crore in the September quarter of FY27, from Rs 89 crore in the same quarter a year ago.
At the operating level, earnings before interest, tax, depreciation and amortisation (EBITDA) rose 25.7% YoY to Rs 85 crore against Rs 67.6 crore a year ago.
EBITDA margin, however, contracted to 70.8% from 76% in the corresponding quarter last year.
A total of 73 songs were released, comprising 40 film songs and 33 non-film Songs in the Q2FY27.
“Strong audience response was seen to the Punjabi music album ‘Ishqnama' which surpassed 100 million Youtube views while the re-created song ‘Aankhon Se Tune' crossed 66 million views on YouTube,” the company said.
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