The record
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- Tips Music reported 21% year-on-year revenue growth for the quarter ended June 30, 2026, reaching ₹106.5 crore, driven by both digital and non-digital businesses.
- The company nearly doubled its content spending, raising content costs 90% to ₹44.6 crore, and released 73 new songs during the quarter.
- Profit after tax stood at ₹43.9 crore, and the company's YouTube subscriber base grew to 158.3 million.
- The Board will meet on August 5, 2026, to consider a proposal for a buyback of shares.
What to watch next
- Outcome of the August 5, 2026 Board meeting on the share buyback proposal
- Whether the 90% jump in content investment translates into future revenue growth
- Performance of new film releases like 'Hai Jawani Toh Ishq Hona Hai' on streaming platforms
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Named India · Kumar Taurani · Spotify · Tips Music Ltd · YouTube
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