Tips Music Limited has informed the Exchange that Board of Directors at its meeting held on July 30, 2025, declared Interim Dividend of Rs. 4 per equity share.
TIPSMUSIC · price
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Tips Music Limited announced its unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), reporting a net profit of approximately Rs. 4,364 lakhs, up about 43% from Rs. 3,054 lakhs in Q1 FY25. Total income for the quarter rose to around Rs. 9,376 lakhs versus Rs. 7,849 lakhs a year earlier. The Board declared a first interim dividend of Rs. 4 per equity share, which is 400% on the face value of Re. 1, with August 5, 2025 set as the record date and payment to be made on or before August 26, 2025. Statutory auditors MSKA & Associates gave an unmodified limited review conclusion on the results.
The sharp jump in quarterly profit combined with a hefty 400% interim dividend signals strong cash generation and shareholder-friendly capital allocation, which is supportive of the stock in the near term. Existing shareholders will see a meaningful payout, while the stock may trade ex-dividend around the record date.