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Tips Music benefits from digital demand surge in Q3
Tips Music reported strong Q3 earnings as digital streaming demand boosted revenue, profitability, and margins supported by its scalable content library.
Tips Music delivered a strong December quarter as net profit jumped 33 %to ₹58.65 crore, supported by rising digital revenues. Revenue increased 21% to ₹94.28 crore, driven by higher streaming consumption. EBITDA margins stayed elevated at 79%, reflecting operating leverage. Management cited licensing income and sustained demand for music content across platforms as key growth drivers during the reporting period globally overall.