TIPSMUSICNSETips Music LimitedMediumNeutral
Announced Thu, 23 Apr · 14:00 IST

Tips Music Limited has informed the Exchange regarding Outcome of Board Meeting held on April 23, 2026. - re-appointment of M/s. Maheshwari & Co, Chartered Accountants, (Firm Registration No. 105834W) as the Internal Auditor of the Company for the financial year 2026-27, to conduct revenue audit of the Company

Management Changes View source PDF

TIPSMUSIC · price

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Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹601.00
prior close
₹595.05
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AI summary

Tips Music Limited reported audited financial results for Q4 and FY ended March 31, 2026. Revenue from operations stood at ₹9,428.93 lakhs for Q4 and ₹37,557 lakhs for the full year, compared to ₹31,068.73 lakhs in the previous year. Net profit for FY2026 was ₹5,277.77 lakhs, up from ₹4,065.06 lakhs in FY2025. The Board also re-appointed M/s. Maheshwari & Co as Internal Auditor for FY 2026-27 to conduct revenue audit. Statutory auditors MSKA & Associates LLP issued an unmodified opinion on the financial results. The company paid total dividends of ₹16,618.10 lakhs during the year (₹4 per share each for Q1, Q2, and Q3). The impact of new labour codes resulted in ₹95.68 lakhs incremental employee benefits cost.

Likely market impact

Strong revenue growth of about 21% year-on-year and improved profitability with clean audit opinion are positive signals for shareholders. The unchanged internal auditor continuity indicates routine governance matters with no red flags.