Tips Music in rhythm

Tips Music Ltd was among the top gainers on the BSE from the opening bell on Tuesday, with the stock rising about 8% in morning trade to around Rs. 562.45 as investors reacted positively to the company’s December-quarter earnings.

For Q3 FY26, the company reported a sharp improvement in profitability, with consolidated net profit rising 33% (YoY) to Rs. 58.65 crore on a 21% rise in revenue from operations to Rs. 94.28 crore. Profit before tax increased 33% YoY to Rs. 78.62 crore for the quarter.

Operating performance also strengthened, with EBITDA at Rs. 74.5 crore, up 34% YoY, and operating EBITDA margin improving to 79% from 72% a year ago, supported by strong catalogue monetisation. The company released 108 songs during the quarter (70 film and 38 non-film), grew its cumulative YouTube subscriber base to 145.3 million, and announced a broadcast partnership with B4U TV to expand reach across television audiences.

Meanwhile, the board declared a third interim dividend of Rs. 5 per equity share (face value Re. 1 each), fixing 23 January 2026 as the record date, with payment scheduled on or before 13 February 2026. Founded in 1988 by the Taurani brothers, Tips Music is engaged in the creation, acquisition and monetisation of audio-video music content in India and overseas, largely through digital licensing.