Tips Music reports 21 percent YoY revenue growth in Q1 FY27

Mumbai: Tips Music (formerly Tips Industries), one of India's leading publicly listed music companies, today reported a 21 percent year-on-year increase in revenue for the quarter ended June 30, 2026, driven by sustained growth across its digital and non-digital businesses, alongside continued investments in music content.

For the first quarter of FY27, the company reported revenue from operations of ₹106.5 crore, compared with ₹88.1 crore in the corresponding quarter of the previous fiscal, reflecting 21 percent year-on-year growth. Operating EBITDA stood at ₹53.5 crore, while Profit After Tax (PAT) was ₹43.9 crore for the quarter.

The company continued to strengthen its content portfolio during the quarter with a significant increase in investments. Content costs rose to ₹44.6 crore in Q1 FY27 from ₹23.5 crore in Q1 FY26, representing a 90 percent year-on-year increase, underscoring the company's long-term strategy of expanding and enriching its music catalogue.


During the quarter, Tips Music released 73 new songs, comprising 55 film songs and 18 non-film songs. The soundtrack of "Hai JawToh Ishq Hona Hai" generated strong engagement, crossing 186 million YouTube views, while "Chunnari Chunnari Let's Go" surpassed 70 million views. Songs from "Main Vaapas Aunga" also performed well, garnering nearly 100 million YouTube views. The company's YouTube subscriber base reached 158.3 million during the quarter.

In another development, the Board of Directors has called a separate meeting on August 5, 2026, to consider a proposal for the buyback of shares.

Commenting on the performance, Kumar Taurani, Chairman & Managing Director, Tips Music Ltd., said: "In Q1 FY27, the Company's revenue increased 21 percent over last year to reach ₹106.5 crore. Our investment in content increased by 90 percent. The performance was supported by healthy contributions from both digital and non-digital segments. Reinforcing our commitment to enhancing shareholder value, the Company has called for a separate Board meeting to consider buy-back of shares." (ANI)