Board approved Interim Dividend

October 15, 2026 To, To, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited P.J Towers, Dalal Street, Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Fort, Mumbai – 400 001 Bandra Kurla Complex, Bandra (E), Mumbai – 400 050 Scrip Code: 532375 Symbol: TIPSMUSIC Dear Sir/ Ma’am, Subject: Outcome of the Board Meeting Dear Sir/Madam, This is to inform you that at the meeting of the Board of Directors of the Company held today i.e. Thursday, October 15, 2026, the Board inter alia has: 1. Approved the Unaudited Financial Results along with Limited Review Report for the quarter and half year ended September 30, 2026, which is enclosed herewith. 2. Declared the first interim dividend for the financial year 2026-2027 of Rs. 6.50/- per equity share (i.e. 650%) on the fully paid-up equity shares of the face value of Re. 1/- per share. 3. Fixed Thursday, October 22, 2026, as the Record Date towards payment of first Interim Dividend. The said Interim Dividend will be paid on or before November 12, 2026. The Board Meeting commenced at 12:45 PM and concluded at 1:30 PM Kindly take the same on your record. Thanking You, For TIPS MUSIC LIMITED Bijal R. Patel Company Secretary Encl: As Above TIPS MUSIC LIMITED 601, Durga Chambers, 6th Floor, Linking Road, Khar (West), Mumbai 400 052. Tel.: +91- 22-6643 1188, Email: info@tips.in, Website: www.tips.in CIN.: L92120MH1996PLC099359 turt Havo HITS TIPS MUSIC TIMITED Unaudited Statement of Financial Results for the quarter and six months ended September 30, 2025 [lNR ln Lakhs except for Earning Per Share datal Quarter Ended Six Months Ended Year Ended Sr No. Particulars SeDt 30, 2025 June 30,2026 Sept 30, 2025 Sept 30, 2026 Sept 30, 2025 Ma( 17,2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited I lncome a] Revenue from operations 12,006.35 L0,651.22 8,922.42 22,657.58 L7 ,729.26 37,551.49 bl Other lncome 445.45 582.40 450.65 1,027.86 1,019.33 1,877.83 Total lncome t2,451.82 r1,23r.62 9,t73.O7 23,685.44 18,748.59 t9,429.t2 2 Expenses al Acquisition CosVln-house Music Production Cost' L,2L2.59 3,994.70 579.31 s,207.29 2,525.34 3,848.40 bl Royalty expenses L48.42 127,74 L40.22 270.16 242.24 585.47 cl Advertisement and sales promotion 1,256.01 343.47 505.52 1,599.48 908.14 1,489.87 d) Employee benefits expense 359.37 403.83 339.20 763.20 650.40 2,033.16 el Finance Costs 9.51 10.49 5.33 20.00 11.29 19.98 fl Depreciation and amortization expense 95.94 96.48 51.98 L93.42 123.88 2s0.08 gl Other expenses 555.00 432.73 473.73 997.73 955.88 7,0L5.07 Total Expenses 3,647.84 5,403.44 2,205.69 9,051.28 5,428.r7 to,242.03 3 Profit before tax (1-2) 8,803.98 5,830.18 7,L67.t8 14,634.16 13,320.42 29,L87.29 4 Tax Expenses a] Current tax 2,200.82 7,425.9! r,799.03 3,626.73 3,327-.23 7,497 .74 bl Current tax for earlier periods (10.e8) (10.e8) 49.63 cl Deferred tax 40.19 34.32 49.14 74.5L 90.10 (34.02) Total Tax Expenses 2,230.03 1,460.23 L,848.17 t,690.26 3,417.33 7,512.75 5 Net Profit for the period / year (3 - 4) 6,573.95 4,369.95 5,3L9.2L 10,943.90 9,903.09 2L,674.54 5 Other comprehensive lncome / (Loss) (net of taxes) al ltems that will not be reclassified to statement of profit and loss (2t,23]. 19.55 3.13 (1.68) (12.83) (1s.30) (net of tax) b] ltems that will be reclassified subsequently to the statement of profit and loss (net of tax) Total other comprehensive lncome / (toss) (net of taxes) l?L.7ll 19.55 3.r3 (1.68) (12.83) (1s.30) 7 Total Comprehensive lncome for the period / year (5 + 6) 6,552.12 4,389.50 5,3?2.34 t0,942.22 9,890.26 2L,6s9.24 8 Paid up Equity Sha.e Capital (Face value of Re. 1/- each, fully paid) L,77L.60 t,278.12 L,278.t? t,27L.60 t,278.32 L,278.32 9 Other Equity 24,7L6.98 10 Earnings Per Share (Face value of Re. 1/- each, fully paid) (Not annualised for interim period) al Basic (Rs.) 5.15 3.42 4.76 8.s6 7.75 16.95 bl Diluted (Rs.) 5.15 3.42 4.16 8.s6 7.75 15.95 *lncludes media content cost and contract manufacturing charges. TIPS MUSIC LIMITED 601. Durga Chambers,6th Floor, Linking Road, Khar(west), Mumbai - 400052 Tel.: +91-22-6643 I188. Email: info@tips.in. Website: www.tips.in CIN : L92 I 20MH I 996PLC0993 59 tuct Haye H|TS Notes to the Unaudited Statement of Financial Results for the quarter andsix months ended September 30, 2026: 5.No. Particulars L unauditedfinancial resuItsforthe quarter and six monthsended September30, 2026were reviewed bytheAuditCommittee nd approved EoardofDirectors attheirrespectivemeetingsheld onOctober75,2026.TheStatutoryAuditors oftheCompanyhavecarried out mited the bove results tnterms ofRegulation 33 oftheSEBI (Listing 0bligation and Disclosure Requirements) Regulations, 2015 ('the Regulation), mended andexpressed anunmodified conclusion. 2 tau nn Aau ccd oit ue nd tif nin ga Sn tc aia nl dare rdsu 3lt 4so nf tt eh re imCo Fm inp aa nn cy iah Rav ee pob re tie nn g',pr pe rp ea scre rid bein da uc nc do erd ra Sn ece ctiow nith 13t 3he ofre thc eog Cn oit mio pn ana in ed m Ace ta ,s 2u 0r 1e 3m re en at dp wri in thcip rl ee ls evla anid td ruo lw esntn nderandother recognized accounti ngprinciplesgenerallyaccepted tnlndia nd ntermsoftheregulation. 3 OnAugust 5,2026,theBoard ofDirectors approvedtheproposa tobuybackfullypaid-upequitysharesoffacevalue ofRe. 7each("EquityShares" mout nh te ne oq tu ei xty ces eh da nre gh Io Nl Rde 4rs ,4o 5f 0t lh ae khC som "Mpa an xy im( uo mthe Br ut yh ba an ckth Se izp er "o ),m reo pte rers s, enp tr io nm go 1te 4r .87g %rou op fta hn ed ap ge gr rs eo gn as tetn ofc to hn etro tol tao lf pth ae id-C uo pm ep qa un iy t) y, sf ho ar rean capita and reservesoftheCompany asatJune30,2026,whichislessthant5%oftheaSgregateofthetota paid-upequitysharecapitalandfreereserveS Company, basedontheAudited SpecialPurpose nterim Condensed Financial Statements forthequarterendedJune30, 2026,prepared solely withtheproposed Buyback, ataprice notexceedingINR 750perEquityShare("Maximum Buyback Price"), from theopen market stock excha nges where the Equity SharesoftheCompany are listed, naccorda ncewiththe provisionsoftheSecurities and Exchange Board lndia (Buy-back ofSecurities) Regulations, 2078,as amended,and the Companies Act, 2073and rules madethereunder ("Buyback Regulations" S 31u ,b 2se 0q 2u 6e .ntly, thesha reholdersoftheCompanyapprovedtheBuyback bywayofaspecial resolution attheAnnua IGenera Meetingheld on lnaccordancewiththeprovisionsoftheEuyback Regulations, thePu blicAnnouncementfortheBuyback wasissuedonSeptember3,2026,read Corrigendum datedSeptember a 2026.TheBuyback opened onSeptembera 2026and closed onSeptember30, 2026.ofthe 6,,77,946 shares bought backon or before September30, 2026,the Companyextinguished 3,24,700equity shareson September22, 2026,while the process of extinguishment of the remaining 3,47,246equity shares was pending as at September 30, 2026and was subsequently completed October 6,2026.Thesubsequentexti nguishmenthasbeenconsidered a5anadj ustlng eventinaccordance withlndAS70,"Events afterthe Period", as the underlying sha reswere already bought back as atthe reporting dateand onlythe formal process ofextinguishmentwas pending. ingly,theentirebuyback hasbeen accountedfor nthefi nancialresultsforthequarterendedSeptember30,2026. n8theqUArterended September30, 2026,theCompanyconcluded thebuyback of6,71,946equitvshares (representing0.53%ofthenumber t be r eq a eu n ni sty a ac ds ti jh uoa snr te ecs dost atn s gt arh e ine la sttp ea edi qd t u- ou ityp bu se y hq b au a ri ectv k co as fh pa iI tNr ae R ac 7a n0p d.9it La NRlaa ks 4h ,s 5a ) 0t . 7l .n ,7n 8lie n le a3 k0 w h, sit ,2 h0 r2 t eh6 pel- r. er sT e eh q ni us ti ir nh e ga ms te hr n ee ts s eu xol cte l ed sth sein oC fa o bmt uo ypt ba a anl ciec ksas ch A oc no t s,u id2tf e0lo r1 aw 3 ti, oo nnf oI aN vmR eo r4 u t, n h5 t e14 o f. f a5 c0 N eRl va a6k l.h u7s e2 ola fkh es re5 andtra nsaction costs, hasbeen adjustedagainstretained earnings. Further, aca pita redemption reserve ofINR 6.72lakhs(representingthe valu [Showing first 8,000 characters — download PDF for full document]