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Tips Music Eyes Exceeding 20 Percent Growth Guidance for FY27
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CNBC TV18•15-10-2026, 15:24
Tips Music Eyes Exceeding 20 Percent Growth Guidance for FY27
- •Tips Music expects to maintain a 20 percent revenue and profit growth rate in FY27, with potential to beat the guidance by 2-3 percent.
- •Chairman and Managing Director Kumar Taurani stated confidence in meeting annual targets despite quarterly shifts from film release timings.
- •The company reported a Q2FY27 revenue of ₹120 crore and a net profit of ₹65.7 crore with margins at 70.48 percent.
- •Digital platforms like YouTube, Spotify, and Instagram, alongside publishing partnerships with Sony and Warner, drive core revenue.
- •Tips Music plans to allocate 20 to 22 percent of its revenue towards content investments while negotiating a renewal for its YouTube Shorts commercial agreement.
Key Questions Answered
Tips Music expects to maintain a revenue and profit growth of 20% each in FY27, with a possibility of beating that guidance by 2-3% driven by its music catalogue, new releases, and digital platforms. Chairman and Managing Director Kumar Taurani expressed confidence in meeting these targets.
For the July-September quarter (Q2FY27), Tips Music reported a revenue of ₹120.1 crore, a net profit after tax of ₹65.5 crore, and margins reaching 70.48%.
Tips Music plans to allocate approximately 20-22% of its revenue towards content investments during the year to support its ongoing music catalogue and film pipeline.
