TIPS Music Ltd (formerly Tips Industries Ltd.), one of India’s leading music labels, announced robust financial results for the quarter ending September 30, 2025, reporting double-digit growth in both revenue and profit.
Financial Performance Highlights – H1FY26:
- Revenue: ₹177.3 crore, up 15% YoY
- Profit After Tax (PAT): ₹98.9 crore, up 8% YoY
- Operating EBITDA: ₹124.4 crore, up 9% YoY
Quarterly Performance – Q2FY26:
- Revenue from operations: ₹89.2 crore, up 11% YoY
- Operating EBITDA: ₹67.8 crore, up 14% YoY
- Profit After Tax (PAT): ₹53.2 crore, up 10% YoY
- Content cost: ₹13.3 crore, down 4% YoY
During Q2FY26, TIPS released a total of 133 songs, including 76 film tracks and 57 non-film tracks. The Telugu track “Vibe Undi” from the movie Mirai emerged as one of the biggest hits of the quarter, crossing 69 million views on YouTube. Another popular release, “Raaj Karega Mallik” from the film Maalik, garnered over 25 million views.
TIPS’ digital presence continues to expand, with the YouTube subscriber base growing to 134 million. On Meta platforms, the company’s catalogue performed exceptionally, with songs like “Tere Aane Se” from Run amassing 1.5 billion views, while “Saajan Saajan” from Dil Ka Rishta and “Kahin Aag Lage Lag Jaaye” from Taal garnered 850 million and 700 million views, respectively, during the quarter.
The company also declared an interim dividend of ₹4 per share for Q2 FY26, totalling ₹51.13 crore, bringing the total payout to shareholders for the first half to ₹102.26 crore.
Commenting on the results, Kumar Taurani, Chairman & Managing Director, said, “Despite the challenging industry environment, the company’s revenue grew by 15% YoY in H1 FY26. Over the longer term, we expect strong business momentum, supported by sustained paid subscriber growth, beginning of ad revenue sharing from short-form content platforms, and robust expansion in the public performance segment. I am also pleased to share that the Board of Directors has declared a second interim dividend of ₹4 per share for the financial year 2026.”
With a strong content pipeline, growing digital footprint, and consistent shareholder returns, TIPS Music Ltd is well-positioned to sustain its growth momentum in the coming quarters.
