India's Tips Music jumps on September-quarter profit rise

Tips Music

16/10/2025 08:40

** Tips Music TIPS.NS jumps as much as 9.52% to 549.4 rupees; marks highest intraday pct gain in 16 months

** Music company posts 10% y/y rise in standalone net profit in September quarter; revenue from operations rises 11% y/y

** Declares interim dividend of 4 rupees/share for Q2

** Projects strong business momentum aided by sustained paid subscriber growth, ad revenue from short-form content platforms in H2 FY26

** TIPS last up 7.3%, taking YTD losses to 34.1%

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))