Tips Music Q3 Profit Rises 33% On Strong Digital Monetisation; Interim Dividend Announced
Revenue from operations grew 21% year-on-year to Rs 94.3 crore in Q3 FY26, while operating EBITDA climbed 34% to Rs 74.5 crore
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Tips Music Ltd delivered a strong operational showing in the December quarter, underlining the scalability of its digital-first business model as profitability outpaced revenue growth. The company reported a 33% year-on-year jump in profit after tax to Rs 58.7 crore, driven by steady digital consumption and sustained margin expansion.
Revenue from operations grew 21% year-on-year to Rs 94.3 crore in Q3 FY26, while operating EBITDA climbed 34% to Rs 74.5 crore. Margins expanded to an impressive 79%, reflecting the asset-light economics of music IP ownership and the growing contribution of high-margin digital platforms.
Content output remained a key growth lever during the quarter. Tips released 108 new songs, spanning 70 film tracks and 38 non-film releases, further strengthening its catalogue across Hindi and regional languages. The label continued to see strong audience engagement on digital platforms, with its YouTube subscriber base reaching 145.3 million by quarter-end, reinforcing its position as one of the most-watched music publishers globally.
The company also maintained its shareholder-friendly stance, declaring an interim dividend of Rs 5 per share, translating into a payout of Rs 63.91 crore. This brings the total dividend distributed in the first nine months of FY26 to Rs 166.18 crore, consistent with its capital return strategy.
Tips Music’s performance highlights the resilience of India’s recorded music business, where stable streaming demand and short-form video consumption continue to provide revenue visibility and operating leverage for IP owners.
On the markets, shares of Tips Music Ltd were trading at Rs 520.30 on the NSE as of 02:37 PM, down 1.46%, after hitting an intraday high of Rs 542.00.