Tips Music slides after Q1 PAT drops 26% QoQ to Rs 44 crore
Mumbai, July 22 -- Revenue from operations rose 2.48% QoQ to Rs 106.51 crore in the quarter ended 30 June 2026.
On a year-on-year basis, standalone net profit declined 4.66%, while revenue from operations increased 20.93% during the quarter.
EBITDA declined 5% year-on-year to Rs 53.5 crore in Q1 FY27 from Rs 56.5 crore in the corresponding quarter last year. EBITDA margin narrowed to 50.3% from 64.2% a year earlier.
Profit before tax (PBT) stood at Rs 58.30 crore in Q1 FY27, down 27.17% QoQ and 5.24% YoY.
During the quarter, the company released 73 songs, including 55 film songs and 18 non-film songs. Among the notable releases, "Chunnari Chunnari - Let's Go" and "Tere Paas Main" received strong audience response. Its YouTube subscrib...
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