Strong Q2 FY27 results, 650 percent dividend, buyback done
TIPSMUSIC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 3.8 pts less than its Media & Entertainment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Tips Music posted strong Q2 FY27 results with revenue of about Rs. 120 crore, up 34 percent YoY. Net profit jumped 200 percent to about Rs. 54 crore. Half year revenue grew 28 percent YoY to Rs. 226 crore with PAT at Rs. 75 crore, up 120 percent. Board declared first interim dividend of Rs. 6.50 per share (650 percent) and completed buyback of 6.72 lakh shares for Rs. 45.14 crore. Auditor MSKA gave unmodified review.
Strong earnings growth and a 650 percent dividend signal robust cash generation, rewarding shareholders.