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TIPS Music Soars: 21% Revenue Growth and Interim Dividend Declared in Q3 FY26

TIPS Music Ltd (formerly Tips Industries Ltd) has announced an outstanding financial performance for the third quarter of FY26, showcasing robust growth in both revenue and profitability. The leading Indian music label continues to solidify its position in the market with strategic content releases and expanding digital presence.

Key Financial Highlights for Q3 FY26


Revenue from Operations: Increased by 21% year-on-year, reaching a significant Rs 94.3 crores for the quarter ended December 31, 2025.
Profit After Tax (PAT): Witnessed a substantial 33% surge, standing at Rs 58.7 crores, up from Rs 44.2 crores in the previous year's corresponding quarter.
Operating EBITDA: Rose by 34% year-on-year to Rs 74.5 crores.
EBITDA Margins: Improved to an impressive 79%, reflecting strong operational efficiency and cost management.

Content and Digital Expansion

During Q3 FY26, TIPS Music demonstrated its commitment to enriching its music catalogue by releasing 108 new songs. This included 70 film tracks and 38 non-film tracks, with popular hits like ‘Sheher Ghumawa’ and ‘Halki Halki Nami’ performing exceptionally well.

The company’s digital footprint continues to expand significantly:


YouTube Subscriber Base: Reached a cumulative 145.3 million by the end of Q3 FY26, indicating steady growth across digital platforms.
Social Media Performance: Its extensive music catalogue, including legacy tracks such as ‘Soldier Soldier Meethi Baatein’ and ‘Tere Liye,’ garnered billions of views on Instagram, highlighting the enduring appeal of TIPS Music's content.

Shareholder Rewards and Strategic Partnerships

In a move reflecting its commitment to shareholders, the Board of Directors declared an interim dividend of Rs 5 per equity share. This amounts to a payout of Rs 63.91 crores for the quarter, bringing the total dividend payout for the nine months ended December 2025 to Rs 166.18 crores.

Furthermore, TIPS Music announced a strategic broadcast partnership with B4U TV, aiming to broaden the global reach of its diverse content to television audiences worldwide.

Commenting on the results, Chairman and Managing Director Kumar Taurani stated, “The company’s Q3 performance reflected sustained growth across revenue and profitability. The dividend payout aligns with the company’s commitment to return 100% of the previous year’s PAT to shareholders.”

Founded in 1988 by the Taurani brothers, TIPS Music remains a publicly listed music label in India, boasting a rich catalogue spanning over three decades and a growing presence across various music markets including film, non-film, and regional genres.

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