# Tips Music Q2 Net Profit Rises 25% to Rs 66 Crore, Declares Rs 6.50 Interim Dividend > Tips Music reported a 24.5% rise in September-quarter net profit to Rs 66 crore, declared a Rs 6.50 interim dividend and completed a Rs 44.44 crore buyback. - Published: 2026-10-15T09:23:30+00:00 - Section: Earnings & Results - Author: News Desk - URL: https://newsforagent.com/news/2026-10-15/tips-music-q2-profit-dividend-buyback - Source: [NDTV Profit](https://www.ndtvprofit.com/markets/tips-music-q2-results-net-profit-rises-25-percent-yoy-to-rs-66-crore-interim-dividend-declared-bse-sensex-today-12188913) ## Key takeaways - Tips Music's September-quarter net profit rose 24.5% year on year to Rs 66 crore, with revenue up 34.8% to Rs 120 crore. - The company declared an interim dividend of Rs 6.50 per share and completed a Rs 44.44 crore share buyback. - Tips Music released 73 songs in the quarter, including 40 film songs and 33 non-film songs, and its YouTube subscriber base stood at 164.5 million. [Tips](https://akta.pro/company-profiles/0037vxe/tips-industries) Music reported a 24.5% year-on-year rise in net profit to Rs 66 crore for the September quarter, compared with Rs 53 crore a year earlier, and declared an interim dividend of Rs 6.50 per share. [NDTV Profit](https://www.ndtvprofit.com/markets/tips-music-q2-results-net-profit-rises-25-percent-yoy-to-rs-66-crore-interim-dividend-declared-bse-sensex-today-12188913) reported the results on October 15, 2026. ## Tips Music's September Quarter Earnings Revenue increased 34.8% year on year to Rs 120 crore in the September quarter of FY27, from Rs 89 crore in the same quarter a year ago. Earnings before interest, tax, depreciation and amortisation rose 25.7% to Rs 85 crore against Rs 67.6 crore a year earlier, while EBITDA margin contracted to 70.8% from 76%. A total of 73 songs were released in the quarter, comprising 40 film songs and 33 non-film songs. The company said the Punjabi music album 'Ishqnama' surpassed 100 million YouTube views and the re-created song 'Aankhon Se Tune' crossed 66 million views on YouTube. The YouTube subscriber base stood at 164.5 million. Kumar Taurani, chairman and managing director, said, "Our investment in content increased by 97% compared to Q2FY26. During the quarter, we continued to see strong engagement across our new release as well as our catalogue content, supported by both our digital and non-digital segments. We have reported strong H1 FY27 results and are quite confident to surpass our annual guidance of 20% growth. During the quarter, the Company successfully completed a share buyback of Rs 44.44 crore and has also announced interim dividend of Rs 6.50 per share reflecting our continued focus on delivering value to shareholders." ## Tips Music's Catalog and Buyback Record Tips Music Limited is India's third-largest recorded music label, operating a catalog of more than 34,000 songs across 13 or more languages and licensing to global streaming platforms, Bollywood film producers and brands worldwide, according to akta.pro [company records](https://akta.pro/company-data). The same records show a market capitalisation of Rs 8,500+ crore as of June 2025 and a net profit growth of 30% reported in recent financial periods. The company acquired Studio Radha's cultural music legacy of Gujarati and Kutchi songs in August 2025, expanding its regional language catalog in western India. Tips Music signed a global deal with Sony Music Publishing in May 2023 covering worldwide publishing administration and synchronization licensing for its catalog of 34,000+ songs. ## Tips Music's Buyback and AGM Timeline Tips Music closed its open market share buyback on September 30, 2026, deploying Rs 44.44 crore for 6,71,946 shares at an average price of Rs 661.30, [ScanX](https://akta.pro/news-signals) reported. Tips Films concluded its 17th AGM on September 17, 2026, via video conference, and shareholders approved the FY26 audited standalone financial statements, ScanX reported. Tips Films filed its unaudited financial results for Q1FY26 with the BSE and NSE on August 15, 2026, ScanX reported. ## Tips Music's Analyst Call Tips Music scheduled an analyst call for October 15, 2026, ScanX reported. ## Companies in this story - [Tips Industries company profile](https://akta.pro/company-profiles/0037vxe/tips-industries) · website: http://www.tips.in --- News for Agent · https://newsforagent.com/llms.txt