TIPS INDUSTRIES LTD. - 532375 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Disclosure of 28th AGM26-07-2024
26-07-2024
TIPS INDUSTRIES LTD. - 532375 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Proceedings of 28th AGM26-07-2024
Tips Industries Q1 results: Net profit surges 61% to Rs 44 crore
Tips is the only listed player that writes off 100% of the content cost during the quarter of the release. It has a library of over 30,000 songs across genres and languages.26-07-2024
TIPS INDUSTRIES LTD. - 532375 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication25-07-2024
TIPS INDUSTRIES LTD. - 532375 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio of the Earnings Call24-07-2024
Q1FY25 Quarterly Result Announced for Tips Industries Ltd.
Movies & Entertainment company Tips Industries announced Q1FY25 results: Q1FY25 Revenue Rs 73.9 crore, reflecting a YoY growth of 40%. The content cost for the quarter stood at Rs 12.7 crore compared to Rs 12.2 crore in Q1FY24, reflecting an increase of 4% compared to the previous year’s quarter. In Q1FY25 the company launched a total of 97 new songs. Out of which, 18 were New Film songs and 79 Non-Film songs. Crew & Ishq Vishk Rebound are two back-to-back superhit music album releases. YouTube subscribers base has now reached 104 million. In Q1FY25 YouTube views were 62.2 billion, up by 29% YoY. The interim dividend for Q1FY25 stood at Rs 2 per share amounting to Rs 25.56 crore. Total payout to shareholders including dividend and buyback is Rs 72.18 crore in FY25 so far. Kumar Taurani – Chairman & Managing Director said, “I am delighted to share with you that the Q1 FY2025 has been remarkable for us. Our revenue for the Quarter stood at Rs 73.9 Crores up by 40% YoY with a PAT of Rs 43.6 Crores increasing by 61% YoY. This demonstrates our commitment to growing and improving our business. In Q1 FY25, we released around 97 new songs out of which, 18 were new Film songs and 79 Non-Film songs. Our primary focus is always on quality music. We have successfully completed the buyback of shares amounting to Rs 46.62 crores inclusive of all taxes for non-promoter shareholders. We remain committed to returning value to our shareholders.” Girish Taurani – Executive Director said, “Last quarter, our notable releases 'Choli ke Peeche' and 'Naina' from the movie Crew each surpassed 100 million views on YouTube. Our track 'Soni Soni' from Ishq Vishk Rebound reached the top-10 on Spotify charts. Other songs from the film, including 'Ishq Vishk Pyaar Vyaar' and the revamped “Gore Gore Mukhde Pe” by Badshah, have also been well received, reflecting our dedication to delivering engaging music content. Hari Nair – Chief Executive Officer said, “Our music is experiencing solid growth across all digital platforms, with YouTube, Spotify, and Jio Saavn being key drivers for both new releases and our catalogue.” Result PDF24-07-2024
TIPS INDUSTRIES LTD. - 532375 - Corporate Action-Board approves Dividend
Board approves Interim Divided24-07-2024
TIPS INDUSTRIES LTD. - 532375 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation24-07-2024
TIPS INDUSTRIES LTD. - 532375 - Board Meeting Outcome for Outcome Of Board Meeting
Outcome of Board Meeting24-07-2024