For Q1FY26 Revenue Growth of 19% y-o-y & PAT Growth of 5% y-o-y
National : TIPS Music Ltd (formerly Tips Industries Ltd.), a leading Indian music label, announced its Financial Results for the Quarter Ending June 30, 2025.
Financial Highlights – Q1FY26
Key Financial Performance
| Particulate (₹ Cr) | Q1 FY26 | Q1 FY25 | Y-o-Y | Q4 FY25 | Q-o-Q | FY25 | FY24 | Y-o-Y |
| Revenue from Operations | 88.1 | 73.9 | 19% | 78.5 | 12% | 310.7 | 241.6 | 29% |
| Op. EBITDA | 56.5 | 54.4 | 4% | 37.3 | 52% | 206.7 | 158.5 | 30% |
| Op. EBITDA % | 64.2% | 73.6% | 47.5% | 66.5% | 65.6% | |||
| Op. EBIT | 61.6 | 58.4 | 5% | 41.4 | 49% | 223.5 | 170.9 | 31% |
| PAT | 45.7 | 43.6 | 5% | 30.6 | 49% | 166.6 | 127.2 | 31% |
| PAT Margin | 51.9% | 59.0% | 39.0% | 53.6% | 52.6% |
Key Highlights:
- Revenue of ₹88.1 Cr in Q1 FY26, marking a 19% y-o-y increase compared to Q1FY25
- The content cost for the quarter stood at ₹23.5 Cr, showing 85% y-o-y increase from ₹12.7 Cr in Q1 FY25
- Profit After Tax (PAT) rose to ₹45.7 Cr in Q1FY26, showcasing y-o-y growth of 5% over ₹43.6 Cr in Q1FY25
- In Q1 FY26, a total of 92 songs were released, including 48 new film tracks and 44 non-film tracks.
- Among them, the Punjabi track song ‘Main Nachdi’ stood out as one of the biggest hits
- The YouTube subscriber count has grown to 125.8 million
- The interim dividend for Q1FY25 was ₹4 per share, totaling ₹51.13 crore
Commenting on the Results,
Mr. Kumar Taurani – Chairman & Managing Director said, “Despite the challenges faced by the music industry, our catalogue and new releases continue to demonstrate resilience, with our revenue recording 19% YOY growth during the quarter. Additionally, the Board declared an interim dividend of ₹4 per share for Q1 FY26, amounting to a total payout of ₹51.13 crore.”
Mr. Girish Taurani – Executive Director said, “In Q1 FY26, we further enriched our music catalogue by releasing 92 new tracks — comprising 48 film songs and 44 non-film songs. This consistent content pipeline has played a key role in enhancing our digital footprint, leading to a steady increase in our YouTube subscriber base, which reached 125.8 million by the quarter’s end. The highlight of the quarter was the Punjabi track “Main Nachdi” from the film Saunkan Saunkanay 2 which has crossed 75mn views and it charted for 12 weeks on YouTube top 100. Additionally, The songs from the films Maalik and Sarbala ji have performed exceptionally well and crossed 102mn views and 51 mn view respectively on You Tube. Our catalog performance on Meta is also very heartening.”
Mr. Hari Nair – Chief Executive Officer said, “We continue to witness strong traction across digital and non-digital platforms. Year over year growth for paid subscribers across OTT services like Youtube, Spotify etc are positive and growing steadily. On the operations automation side, our teams have built inhouse content management system called as PULSE, which now delivers our content to TikTok and other DSPs, via our own DDEX feeds.
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