TIPS Music Limited delivered robust financial performance in Q3 FY26, demonstrating strong growth across key metrics. The leading Indian music label announced quarterly results showing significant improvements in revenue, profitability, and operational efficiency for the quarter ended December 31, 2025.

Financial Performance Overview

The company's financial results for Q3 FY26 showcase impressive growth momentum across all major parameters:

Revenue from operations reached ₹94.30 crores, representing a substantial 21% year-on-year increase from ₹77.70 crores in Q3 FY25. The quarter-on-quarter growth of 6% from ₹89.20 crores in Q2 FY26 indicates sustained business momentum.

Profitability and Operational Efficiency

TIPS Music demonstrated exceptional profitability improvements during the quarter. Operating EBITDA surged 34% year-on-year to ₹74.50 crores, with margins expanding significantly to 79.0% from 71.6% in the corresponding quarter of the previous year. This margin expansion reflects the company's efficient cost management and strong operational leverage.

Profit After Tax showed remarkable growth of 33% year-on-year, reaching ₹58.70 crores compared to ₹44.20 crores in Q3 FY25. The PAT margin improved to 62.2% from 56.9% in the previous year, highlighting the company's ability to convert revenue growth into bottom-line profitability.

Nine-Month Performance and Dividend Declaration

For the nine months ended December 31, 2025, TIPS Music maintained consistent growth trajectory:

The Board of Directors approved an interim dividend of ₹5 per share for Q3 FY26, amounting to ₹63.91 crores. This brings the total dividend payout for nine months FY26 to ₹166.18 crores, fulfilling the company's commitment to return 100% of the previous year's PAT to shareholders.

Content and Digital Growth

During Q3 FY26, TIPS Music released 108 songs, comprising 70 film songs and 38 non-film songs. Notable releases included "Sheher Ghumawa" and "Halki Halki Nami" which gained significant traction. The company's digital presence continued to expand with YouTube subscriber count reaching 145.3 million.

Several tracks from the company's catalog achieved remarkable performance on social media platforms. "Soldier Soldier Meethi Baatien" generated 2.7 billion views on Instagram, while "Tere Liye" reached 2.1 billion views during the quarter. "Meri Kahani" became a popular personal anthem, used by notable personalities including the company's Chairman and Managing Director Kumar Taurani, along with celebrities like Virat Kohli and Ajay Devgan.

Strategic Partnership and Market Position

TIPS Music announced a strategic partnership with B4U TV as its broadcast partner, enabling wider reach for the company's extensive catalog among television audiences globally. This partnership is expected to enhance the company's distribution capabilities and market penetration.

Founded in 1988, TIPS Music Limited has established itself as one of India's leading publicly-listed music companies with over 34,000 songs in its catalog spanning multiple languages and genres. The company continues to serve as an essential partner for digital platforms, streaming services, and broadcasters while maintaining its focus on delivering quality music content.

TIPS Music Limited delivered impressive financial performance in Q3FY26, demonstrating strong growth across key metrics. The entertainment company's revenue from operations reached ₹9,428.93 lakhs, reflecting robust demand for its audio/video products and content offerings.

Financial Performance Highlights

The company's quarterly results showcase significant year-over-year improvements across all major financial parameters:

The company's profit before tax increased substantially to ₹7,862.35 lakhs in Q3FY26, compared to ₹5,911.24 lakhs in the corresponding quarter of the previous year, representing a growth of 33.0%.

Nine-Month Performance

For the nine-month period ended December 31, 2025, TIPS Music maintained its growth trajectory with consistent improvements:

Operational Efficiency and Cost Management

The company demonstrated effective cost management during the quarter. Total expenses decreased to ₹2,046.91 lakhs in Q3FY26 from ₹2,271.07 lakhs in Q3FY25. Notable changes in expense categories included reduced acquisition costs and finance costs, while employee benefits expenses increased to ₹565.06 lakhs, partly due to the implementation of New Labour Codes effective November 21, 2025, which resulted in an incremental impact of ₹96.68 lakhs.

Dividend Declaration

The Board of Directors approved several key decisions during their meeting on January 19, 2026:

The dividend declaration reflects the company's strong cash position and commitment to rewarding shareholders. With a paid-up equity share capital of ₹1,278.32 lakhs, the dividend payout demonstrates confidence in the company's financial stability and future prospects.

Regulatory Compliance and Governance

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors. The company's statutory auditors, MSKA & Associates LLP, conducted a limited review and expressed an unmodified conclusion on the results. The financial statements comply with Indian Accounting Standard 34 'Interim Financial Reporting' and SEBI regulations.