Tips Industries Shares Fall By 3.95% Despite Q2FY26 Profit Rising 10.4% YoY to ₹53.2 Crore

Mumbai, October 15: Tips Industries Limited’s share price is trading in the red today, despite the company’s profit increasing by 10.4% for Q2FY26. As of 2:45 PM, the shares were down by 3.95%, or 20.90 points, and were trading at ₹508.45. Until now, the shares have traded within a range of ₹558.90 and ₹500. The traded volume stood at 14.88 lakh shares, with the company’s market cap at ₹6,767 crore. The shares have their 52-week high at ₹950 and their 52-week low at ₹500.

Tips Industries Limited (Tips Music) is an Indian company that is engaged in the production and distribution of music and entertainment content. The company was established in 1975 and is headquartered in Mumbai, Maharashtra. The shares of the company are listed on NSE with the ticker symbol TIPSMUSIC and on BSE with the code 532375.

Revenue At ₹89.22 Crore While PAT At ₹53.19 Crore

For the second quarter of the financial year 2026, Tips Industries reported a revenue from operations of ₹89.22 crore. This represents a growth of 10.7% compared to the same quarter last year and a 3.9% increase from the previous quarter. The company’s EBITDA stood at ₹68.14 crore, up 11.3% year-on-year, while the net profit (PAT) was ₹53.19 crore, showing a 10.4% year-on-year increase. The Earnings Per Share (EPS) for the quarter was ₹6.97.

Declaration of ₹4 Interim Dividend

The company’s board of directors also approved a second interim dividend of ₹4 per equity share for FY26. This adds to the company’s ongoing policy of consistent payout policy and strong cash generation.

Strong Growth in Digital Music Streaming Key Driver of Growth

The company’s management said that its profitability is being driven by strong growth in digital music streaming, better earnings from its song catalogue, and keeping a close watch on expenses. Looking ahead, they expect performance to get even better in the second half of the year, thanks to the upcoming festive season and new music releases.

REF: https://nsearchives.nseindia.com/corporate/TIPSINDLTD_15102025125759_TIPSMUSICresultsP.pdf

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