TIPS Music Limited has reported a strong second quarter for FY26, with profit after tax rising 10% year-on-year to ₹53.2 crore. Revenue for the quarter stood at ₹89.2 crore, up 11% from ₹80.4 crore in the same period last year. The company’s steady performance reflects the growing strength of India’s music streaming industry and its focus on digital platforms.
Digital streaming continues to be the company’s largest revenue driver, contributing around 71% of total income. With increasing music consumption across platforms like YouTube, Spotify, JioSaavn, Wynk, and Apple Music, TIPS has been able to scale its digital business while maintaining high profitability. EBITDA for Q2FY26 stood at ₹67.6 crore, with a margin of 76%, highlighting the company’s strong operational efficiency.
TIPS Music added 133 new songs in the quarter, expanding its rich catalogue of film and non-film music. The company continues to acquire and produce high-quality content, ensuring a steady pipeline of releases that appeal to both domestic and global audiences. Its focus on regional language music has also strengthened its reach across India’s diverse markets.
Shareholder value creation remains a key priority for TIPS Music. During the first half of FY26, the company announced an interim dividend of ₹4 per share and completed a buyback worth ₹102 crore. The company continues to operate as a debt-free, cash-rich enterprise with cash reserves of ₹275 crore, ensuring strong financial flexibility.
TIPS Music’s management noted that the Indian music industry is witnessing a digital revolution. With streaming subscriptions, short-form content, and AI-driven royalty models expanding rapidly, the company expects sustained growth in both revenue and profitability in the coming quarters.
TIPS Music is one of India’s leading music labels, known for its vast library of Bollywood and regional tracks spanning multiple decades. The company has built long-term partnerships with all major digital platforms, ensuring consistent monetization of its catalogue through streaming, synchronization, and licensing revenues.
Backed by a strong brand legacy, zero debt, and disciplined cost management, TIPS Music continues to strengthen its position in India’s growing music and entertainment market. As digital consumption continues to rise, the company remains confident of delivering long-term value to shareholders and maintaining steady financial growth.
