Rs 3 Dividend: Smallcap Company Announces Rewards - Details

Indian music record label and biggest music producer, Tips Music Limited has approved the Unaudited Financial Results along with the Limited Review Report for the quarter and nine months ended December 31, 2024. It has also declared a third interim dividend for the financial year 2024-2025. 

"Unaudited Financial Results of the Company for the quarter ended December 31, 2024 titled “TIPS Music Delivers Strong Results - For 9MFY25 Revenue Growth of 30% y-o-y & PAT Growth of 34% y-o-y” as per exchange filing.

Tip Music Limited: Dividend

One of the biggest Music producers, Tips Music Limited has released its dividend for the quarter ending 31st December 2024.

Tips Industries Limited declared a third interim dividend of INR 3 per equity share (300%) for the fiscal year 2023-2024 on fully paid-up equity shares with a face value of INR 1 each.

“Declared a third interim dividend for the financial year 2024-2025 of Rs. 3/- per equity share (i.e. 300%) on the fully paid-up equity shares of the face value of Re. 1/- per share” as per exchange filing.

Tips Music Limited: Record Date

Tips Music Limited has announced a dividend of Rs 3 apiece. The Record Date for payment of the third interim dividend has been set for February 1, 2024. The interim dividend will be paid on or before February 16, 2024.

“Fixed January 28, 2025, as the Record Date towards payment of third Interim Dividend. The Interim Dividend will be paid on or before February 18, 2025”, as per filing.

Tips Music Limited: Q3 Results

Tips Music Limited has released the quarterly results ending on December 31, 2024. Q3FY25Revenue of Tips Music stands at Rs 77.7 Cr, reflecting a y-o-y growth of 20%. Revenue for 9M FY25 stood at Rs 232.2 Cr up 30% y-o-y

Tips Music: Highlights

The board has officially announced the Q3 results along with the dividend and several other key highlights. The content for the quarter stood at Rs 14.6 Cr compared to Rs 14.7 Cr in Q3FY24. The company released 116 new songs in the Third quarter, of which 40 were new film songs and 76 Non-film songs.

The YouTube subscribers of Tips Music now stand at 113 Mn. YouTube views were 171.6 Bn up 17% y-o-y for the third quarter end.