Tips Music Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	3,501	3,107	2,416	1,868	1,356	905.3
Revenue Growth (YoY)	18.49%	28.61%	29.34%	37.76%	49.77%	-0.51%
Cost of Revenue	765.32	705.7	585.11	74.83	64.42	98.94
Gross Profit	2,735	2,401	1,831	1,793	1,291	806.37
Selling, General & Admin	165.13	143.51	87.98	105.27	89.46	55.8
Other Operating Expenses	205.71	187.74	125.78	664.91	336.8	187.53
Operating Expenses	395.25	353.21	233.47	783.44	433.76	251.45
Operating Income	2,340	2,048	1,597	1,010	857.69	554.92
Interest Expense	-2.26	-3.04	-3.49	-2.86	-0.73	-0.21
Interest & Investment Income	114.66	114.66	85.22	44.02	15.97	11.76
Currency Exchange Gain (Loss)	-	-	-	3.7	2.17	0.4
Other Non Operating Income (Expenses)	6.85	0.19	1.77	0.06	4.86	19.51
EBT Excluding Unusual Items	2,459	2,160	1,681	1,054	879.96	586.38
Gain (Loss) on Sale of Investments	71.77	71.77	24.49	1.99	6.14	4.68
Gain (Loss) on Sale of Assets	0.28	0.28	0.05	0.05	-	0.35
Pretax Income	2,531	2,232	1,705	1,056	886.17	592.24
Income Tax Expense	648.45	566.21	433.6	291.27	240.62	157.55
Net Income	1,883	1,666	1,272	765.22	645.56	434.69
Net Income to Common	1,883	1,666	1,272	765.22	645.56	434.69
Net Income Growth	16.44%	30.98%	66.18%	18.54%	48.51%	283.35%
Shares Outstanding (Basic)	128	128	128	130	130	133
Shares Outstanding (Diluted)	128	128	128	130	130	133
Shares Change (YoY)	-0.20%	-0.41%	-0.87%	-0.10%	-2.40%	-7.20%
EPS (Basic)	14.73	13.02	9.90	5.91	4.98	3.27
EPS (Diluted)	14.73	13.02	9.90	5.91	4.98	3.27
EPS Growth	16.67%	31.51%	67.61%	18.66%	52.15%	313.09%
Free Cash Flow	-	1,187	2,302	803.68	288.7	424.91
Free Cash Flow Per Share	-	9.28	17.92	6.20	2.23	3.20
Dividend Per Share	13.000	7.000	6.000	0.500	0.200	0.200
Dividend Growth	85.71%	16.67%	1100.00%	150.00%	-	33.33%
Gross Margin	78.14%	77.29%	75.78%	95.99%	95.25%	89.07%
Operating Margin	66.85%	65.92%	66.12%	54.05%	63.26%	61.30%
Profit Margin	53.79%	53.61%	52.64%	40.97%	47.61%	48.02%
Free Cash Flow Margin	-	38.20%	95.27%	43.03%	21.29%	46.94%
EBITDA	2,349	2,056	1,605	1,014	862.46	563.03
EBITDA Margin	67.09%	66.18%	66.43%	54.30%	63.61%	62.19%
D&A For EBITDA	8.42	8.04	7.52	4.69	4.77	8.12
EBIT	2,340	2,048	1,597	1,010	857.69	554.92
EBIT Margin	66.85%	65.92%	66.12%	54.05%	63.26%	61.30%
Effective Tax Rate	25.62%	25.37%	25.43%	27.57%	27.15%	26.60%
Revenue as Reported	3,697	3,297	2,560	1,921	1,388	954.22
Advertising Expenses	-	138.83	82.14	99.7	83.64	45.56

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.