Tips Music shares fall nearly 5% as Q3 Profit falls 7.72% QoQ to Rs 44.23 crore

Shares of Tips Music Limited, formerly known as Tips Industries Limited, dropped nearly 5% during intraday trading after the company reported a sequential decline in both revenue and net profit for Q3 FY25.

Key Financial Highlights (Q3 FY25):

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  • Revenue from Operations: ₹77.67 crore
    • YoY: +26% (from ₹64.83 crore)
    • QoQ: -3.65% (from ₹80.61 crore)
  • Net Profit (PAT): ₹44.23 crore
    • YoY: +28% (from ₹34.65 crore)
    • QoQ: -7.72% (from ₹48.16 crore)
  • Profit Before Tax (PBT): ₹59.11 crore
    • YoY: +28% (from ₹46.35 crore)
    • QoQ: -7.92% (from ₹64.42 crore)
  • Total Income: ₹81.82 crore
    • YoY: +20% (from ₹68.27 crore)
    • QoQ: -5.00% (from ₹86.19 crore)

Nine-Month Performance:

  • Revenue from Operations: ₹231.98 crore, a 30% YoY growth from ₹178.33 crore in the corresponding period last year.
  • Net Profit: ₹135.95 crore, up from ₹101.40 crore in the same period last year.

The decline in quarterly performance on a QoQ basis has weighed on investor sentiment, driving the stock’s intraday loss of nearly 5%. The management remains focused on expanding its music library and leveraging digital platforms to sustain long-term growth.