Tips Music Q3 Profit Jumps 33% on Digital Growth, Declares Interim Dividend

• Tips Music Ltd reported a 33% year-on-year increase in Q3 profit after tax, reaching ₹58.7 crore.
• Revenue from operations grew 21% to ₹94.3 crore, driven by digital revenues and margin expansion.
• Operating EBITDA rose 34% to ₹74.5 crore, with margins expanding to 79% due to its asset-light digital model.
• The company released 108 songs in Q3, expanding its catalogue, and its YouTube subscriber base reached 145.3 million.
• An interim dividend of ₹5 per share was declared, totaling ₹63.91 crore, aligning with its capital return approach.

Why It Matters: Tips Music's Q3 profit surged 33% due to strong digital monetization and efficient operations.