Profit before tax stood at Rs 59.11 crore in the quarter ended 31 December 2024, up 27.53% as against Rs 46.35 crore recorded in Q3 FY24. Operating EBITDA stood at Rs 55.6 crore in Q3 FY25, registering the growth of 28% as compared with Rs 43.4 crore recorded in corresponding quarter last year. EBITDA margin improved to 71.6% in Q3 FY25 as against 67% reported in Q3 FY24. Total expenses increased 3.65% YoY to Rs 22.71 crore in the third quarter of FY25. Employee benefit expenses were at Rs 3.02 crore (up 16.15% YoY) while content cost stood at Rs 14.55 crore (down 1.15% YoY) during the period under review. In Q3 FY25, the company launched a total of 116 new songs, comprising 40 new film songs and 76 non-film songs. Additionally, the YouTube subscribers stood at 113 million. Meanwhile, the company's board has declared an interim dividend of Rs 3 per equity share and the record date is fixed as 28 January 2025. The dividend will be paid on or before 18 February 2025. Kumar Taurani, chairman & managing director, said, 'I am pleased to announce that the company has performed well. For Q3FY25, we achieved revenue of Rs 77.7 crore, up 20% year-on-year, with a PAT of Rs 44.2 crore, marking a 27% increase YoY. In line with our commitment to enhance shareholder value, the company has announced a 3rd interim dividend of Rs 3 per share.' Hari Nair, chief executive officer, said, 'We are seeing strong growth for our music across digital platforms. I am excited to announce our collaboration with TikTok, giving users worldwide access to Tips Music's diverse library, featuring Bollywood classics and regional hits. We partnered with Sterling Reserve and Bacardi's Legacy brand to launch our own music-IP called 'Take 2' and Roots,' respectively.' Tips Industries is engaged in the acquisition and exploitation of music rights. Shares of Tips Industries slipped 5.99% to Rs 638.35 on the BSE. Powered by Capital Market - Live

Tips Music has fixed 28 January 2025 as record date for third interim dividend of Rs 3 per equity share of face value of Re 1 for FY 2024-25. The dividend will be paid on or before 18 February 2025. Powered by Capital Market - Live

Net profit of Tips Music rose 27.65% to Rs 44.23 crore in the quarter ended December 2024 as against Rs 34.65 crore during the previous quarter ended December 2023. Sales rose 19.81% to Rs 77.67 crore in the quarter ended December 2024 as against Rs 64.83 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales77.6764.83 20 OPM %71.5666.98 - PBDT59.6646.79 28 PBT59.1146.35 28 NP44.2334.65 28 Powered by Capital Market - Live

Tips Music announced that the Board of Directors of the Company at its meeting held on 22 January 2025, inter alia, have recommended the Third Interim dividend of Rs 3 per equity Share (i.e. 300%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Tips Music will hold a meeting of the Board of Directors of the Company on 22 January 2025.Powered by Capital Market - Live

Tips Music Ltd is up for a third straight session today. The stock is quoting at Rs 892.85, up 1.19% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.46% on the day, quoting at 24305.45. The Sensex is at 80338.23, up 0.42%. Tips Music Ltd has gained around 6.84% in last one month. Meanwhile, Nifty Media index of which Tips Music Ltd is a constituent, has gained around 1.33% in last one month and is currently quoting at 1943.1, up 0.72% on the day. The volume in the stock stood at 1.74 lakh shares today, compared to the daily average of 2.81 lakh shares in last one month.The PE of the stock is 74.1 based on TTM earnings ending September 24.Powered by Capital Market - Live

TIPS Music announced a direct, strategic partnership to promote its music library on TikTok. This partnership will enable music lovers, Non-Resident Indians (NRIs) and expatriates, to access and engage with TIPS Music's rich and diverse music collection on the popular short-form video platform. The agreement between TIPS Music and TikTok aims to meet the increasing demand for Indian music among global audiences. The collaboration ensures TikTok users across multiple regions will have seamless access to the wide range of TIPS Music's library, featuring genres from Bollywood classics to regional language hits, strengthening the existing cultural connection and expression through music. Powered by Capital Market - Live

This partnership will allow music lovers, NRIs, and expatriates to access and enjoy TIPS Music's diverse collection on the popular short-form video platform. TIPS Music has partnered with TikTok to meet the growing global demand for Indian music. This collaboration provides TikTok users worldwide with seamless access to TIPS Music's diverse library, including Bollywood classics and regional hits, enhancing cultural connection through music. Kumar Taurani, Managing Director of TIPS Music, stated, 'We have seen an increased consumption of Indian music globally. Several existing TikTok trends hold testament to it. This direct strategic partnership with ByteDance marks an important step in expanding the global footprint and engagement of TIPS Music. The TikTok platform has a massive audience base, and this deal improvises the discovery of our music. I would like to thank TikTok and our CEO, Hari Nair, for weaving this direct deal.' Tips Industries is engaged in the acquisition and exploitation of music rights. The company reported a 21.46% increase in net profit to Rs 48.16 crore in Q2 FY25 as against Rs 39.65 crore posted in Q2 FY24. Revenue from operations jumped 32.42% year on year to Rs 80.61 crore in the quarter ended 30 September 2024.Powered by Capital Market - Live

Net profit of Tips Music rose 21.46% to Rs 48.16 crore in the quarter ended September 2024 as against Rs 39.65 crore during the previous quarter ended September 2023. Sales rose 32.43% to Rs 80.61 crore in the quarter ended September 2024 as against Rs 60.87 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales80.6160.87 32 OPM %73.7681.85 - PBDT64.9753.35 22 PBT64.4252.90 22 NP48.1639.65 21 Powered by Capital Market - Live

Tips Music announced that the Board of Directors of the Company at its meeting held on 16 October 2024, inter alia, have recommended the interim dividend of Rs 2 per equity Share (i.e. 200%) , subject to the approval of the shareholders.Powered by Capital Market - Live