Tips Music Limited has informed the Exchange that Board of Directors at its meeting held on July 30, 2025, declared Interim Dividend of 4 per equity share.
TIPSMUSIC · price
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Tips Music's Board, at its July 30, 2025 meeting, approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations rose to about Rs. 78.5 crore from Rs. 56.7 crore in the same quarter last year, a jump of roughly 38%. Net profit for the quarter grew to around Rs. 30–36 crore from about Rs. 22 crore YoY, translating to basic EPS of Rs. 3.40 (vs Rs. 2.33). The Board also declared a first interim dividend of Rs. 4 per equity share, which works out to 400% on the Re. 1 face value. The record date is fixed as August 5, 2025, and the dividend will be paid on or before August 26, 2025. Statutory auditors MSKA & Associates issued an unmodified (clean) limited review conclusion on the results.
Double-digit revenue and profit growth combined with a 400% interim dividend is a strong positive signal for shareholders, likely to be received well by the market. The clean auditor report with no qualifications removes any near-term governance concerns.