Tips Music Limited — Updates, 22-01-2025: Press Release

TIPS Music Ltd reported strong results for Q3 FY25, with revenue of ₹77.7 Cr, rising 20% year-on-year, and a PAT of ₹44.2 Cr, reflecting a 27% increase. Over the first nine months of FY25, revenue reached ₹232.2 Cr, marking a substantial growth of 30% compared to the same period last year. The Op. EBITDA for the quarter was ₹55.6 Cr, representing a 28% increase year-on-year.

The company launched 116 new songs in Q3, including 40 film songs, contributing to a growing YouTube subscriber base now at 113 million. Key highlights also include an interim dividend of ₹3 per share, amounting to a total payout of ₹136.09 Cr in FY25, including dividends and buybacks.

Looking ahead, TIPS Music is excited about its collaboration with TikTok and new music IP launches. The upbeat performance and strategic initiatives suggest a positive outlook for the company's growth trajectory. Investors should watch closely for continued expansion in digital platforms and the release of popular new music.