New Delhi, April 23 -- The buying momentum in Tips Music, one of India's leading music labels, further strengthened in Thursday's trade (April 23), with the stock closing 8.02% higher at Rs.660 apiece, an eight-month high, as investors appeared encouraged by the company's performance in the March-ending quarter.

The company reported a strong financial performance for Q4FY26, with revenue from operations rising 32% year-on-year (YoY) to Rs.103.9 crore, compared to Rs.78.5 crore in Q4FY25.

Operating EBITDA surged 106% YoY to Rs.76.9 crore, while EBITDA margin stood at 74.0%, significantly higher than 47.5% in the year-ago period. On a sequential basis, revenue grew 10% quarter-on-quarter (QoQ), while EBITDA, EBIT, and PAT rose 3%, 2%, and...