Mumbai: TIPS Music Ltd. (formerly Tips Industries Ltd.), one of India’s leading music labels, has reported a robust financial performance for the quarter ended December 31, 2025 (Q3 FY26), delivering strong growth across revenue, profitability and digital reach.
For Q3 FY26, the company’s revenue from operations stood at ₹94.3 crore, registering a 21% year-on-year growth compared to ₹77.7 crore in Q3 FY25. Operating EBITDA rose sharply to ₹74.5 crore, marking a 34% y-o-y increase, while Profit After Tax (PAT) came in at ₹58.7 crore, up 33% from ₹44.2 crore in the corresponding quarter last year. PAT margin for the quarter improved to 62.2%.
On a quarter-on-quarter basis, revenue grew 6% from ₹89.2 crore in Q2 FY26, while PAT increased 10% from ₹53.2 crore. For the nine months ended FY26, revenue from operations reached ₹271.6 crore, reflecting a 17% y-o-y growth, while PAT rose 16% to ₹157.7 crore.
Operationally, TIPS Music released 108 songs during the quarter, including 70 film tracks and 38 non-film tracks. Among the notable releases were “Sheher Ghumawa” and “Halki Halki Nami”. The company’s cumulative YouTube subscriber base expanded to 145.3 million, underscoring its continued digital momentum. On Instagram, the catalogue delivered strong engagement, with “Soldier Soldier Meethi Baatien” generating 2.7 billion views and “Tere Liye” reaching 2.1 billion views during the quarter.
As part of its shareholder returns, the company announced an interim dividend of ₹5 per share for Q3 FY26, amounting to ₹63.91 crore. This brings the total dividend payout for 9MFY26 to ₹166.18 crore.
Commenting on the results, Kumar Taurani – Chairman & Managing Director, said, “I am pleased to announce that in Q3 FY26, revenue reached ₹94.3 crore, reflecting 21% y-o-y growth, while PAT stood at ₹58.7 crore, up 33% compared to Q3FY25. To reward our shareholders, the Board has approved a dividend of ₹5 per share, which brings total payout to ₹166.18 crore for 9MFY26. With this, the company has fulfilled its commitment to return 100% of last year’s PAT to shareholders.”
Highlighting content and platform traction, he added, “During the quarter, 108 songs were released, including 70 film tracks and 38 non-film tracks. The cumulative YouTube channels subscriber base has grown significantly to 145.3 million. Our catalogue maintained significant momentum on Instagram; ‘Soldier Soldier Meethi Baatien’ generated 2.7 billion views, while ‘Tere Liye’ song reached 2.1 billion during the quarter. ‘Meri Kahani’ song became the personal anthem for many to express their young version versus today, it was used by our CMD Kumar Taurani, Virat Kohli, Ajay Devgan etc on Instagram. We are happy to announce our partnership with B4U TV as our broadcast partner, enabling wider reach for our rich catalog among television audiences globally.”
