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EQUITY - MARKET SCREENER

Virinchi Ltd
Industry :  Computers - Software - Medium / Small
BSE Code
ISIN Demat
Book Value()
532372
INE539B01017
42.6388461
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
VIRINCHI
12.65
176.84
EPS(TTM)
Face Value()
Div & Yield %
1.24
10
0
 

caspian corporate services ltd
Tips Music slides after Q1 PAT drops 26% QoQ to Rs 44 crore
Jul 22,2026
The company said the buyback proposal will now be considered at the meeting of its board of directors scheduled for 5 August 2026.

For the quarter ended 30 June 2026 (Q1 FY27), standalone net profit declined 26% quarter-on-quarter to Rs 43.70 crore from Rs 59.06 crore in Q4 FY26.

Revenue from operations rose 2.48% QoQ to Rs 106.51 crore in the quarter ended 30 June 2026.

On a year-on-year basis, standalone net profit declined 4.66%, while revenue from operations increased 20.93% during the quarter.

EBITDA declined 5% year-on-year to Rs 53.5 crore in Q1 FY27 from Rs 56.5 crore in the corresponding quarter last year. EBITDA margin narrowed to 50.3% from 64.2% a year earlier.

Profit before tax (PBT) stood at Rs 58.30 crore in Q1 FY27, down 27.17% QoQ and 5.24% YoY.

During the quarter, the company released 73 songs, including 55 film songs and 18 non-film songs. Among the notable releases, 'Chunnari Chunnari – Let's Go' and 'Tere Paas Main' received strong audience response. Its YouTube subscriber base increased to 158.3 million.

Kumar Taurani – chairman & managing director said, “In Q1 FY27, the company’s revenue increased 21% over last year to reach Rs 106.5 crore. Our investment in content increased by 90%. The performance was supported by healthy contributions from both digital and non-digital segments. Reinforcing our commitment to enhancing shareholder value, the company has called for a separate Board meeting to consider buy-back of shares.”

Founded in 1988 by Taurani Brothers, TIPS Music is one of India's leading publicly-listed music companies. The company is engaged in the business of creation, acquisition and monetization of audio-video music content, in India and overseas, through digital licensing on various medium.