MUMBAI: When the music plays at Tips, it’s more than just melody, it’s money, momentum, and management moves. On April 23, 2025, the board of Tips Music Limited (formerly Tips Industries Limited) struck a high chord, approving robust financial results and announcing key leadership reappointments in what was a blockbuster boardroom session.

The company posted an impressive net profit of Rs 16,656.15 lakh for the year ended March 31, 2025, a 31 per cent jump over the previous year’s Rs 12,716.70 lakh. Total income surged to Rs 32,967.96 lakh from Rs 25,595.82 lakh in FY24, riding on strong revenues from operations totalling Rs 31,068.73 lakh, up from Rs 24,158.07 lakh.

Tips also declared and disbursed dividends totalling Rs 7 per share across three quarters, resulting in a Rs 8,948.21 lakh payout to shareholders. Meanwhile, the company executed a buyback of 5.95 lakh equity shares at Rs 625 per share, worth Rs 3,718.75 lakh, showcasing confidence in its valuation and balance sheet.

In leadership harmony, the board re-appointed Kumar Taurani as chairman and managing director for a further three-year term starting 1 June 2025. Known for building one of India’s most vibrant music catalogues and guiding the company through decades of transformation, Kumar Taurani remains central to TIPS' continued growth.

Joining him in the encore are Ramesh Taurani and Girish Taurani, reappointed as executive directors. The trio brings over 100 years of collective experience in the entertainment business, a fact that resonates with the company's sustained success in a competitive media landscape.

The board also greenlit appointments of M/s. Grant Thornton Bharat LLP and Maheshwari & Co. as internal auditors, and M/s. NL Bhatia & Associates as secretarial auditors for a five-year term. These moves reinforce the company’s governance framework as it tunes up for its next growth phase.

The quarter ended March 2025 alone saw profits of Rs 3,061.13 lakh, with a total comprehensive income of Rs 3,063.46 lakh. Earnings per share (EPS) stood at Rs 13.02 for FY25 compared to Rs 9.90 the previous year. The company continues to operate in a single segment Audio/Video Products with music licensing, royalty income, and digital content driving performance.

Tips has also settled a long-pending dispute with Wynk, recognising Rs 1,200 lakh in revenue during the year following consent terms filed with the Bombay High Court another legal note wrapped with commercial finesse.

From emotional ballads to bold boardroom decisions, Tips Music is orchestrating a growth symphony with strategic foresight, family-led leadership, and consistent financial crescendos. With Rs 33,940.28 lakh in total assets and a sharp focus on shareholder value, the beat goes on.