Tips Music zooms on reporting 28% rise in net profit for Q3FY25
Tips Music is currently trading at Rs. 693.85, up by 48.10 points or 7.45% from its previous closing of Rs. 645.75 on the BSE.
The scrip opened at Rs. 636.85 and has touched a high and low of Rs. 698.25 and Rs. 636.85 respectively. So far 50075 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 950.00 on 06-Nov-2024 and a 52 week low of Rs. 345.50 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 703.95 and Rs. 633.60 respectively. The current market cap of the company is Rs. 8858.09 crore.
The promoters holding in the company stood at 64.15%, while Institutions and Non-Institutions held 11.70% and 24.14% respectively.
Tips Music has reported 27.65% rise in net profit at Rs 44.23 crore for Q3FY25 as compared to Rs 34.65 crore for the same quarter in the previous year. Also, the total income of the company increased by 19.85% at Rs 81.82 crore for Q3FY25 as compared to Rs 68.27 crore for the corresponding quarter previous year.
Tips Music (previously known as Tips Industries) is a leading company in the Media & Entertainment Industry, engaged in the production and distribution of films and leveraging its audio content library digitally in India and overseas.
