TIPSMUSIC: Q1 revenue up 21% YoY, content costs surged, annual EBITDA margin to normalize at 65%-70%

Q1 FY 2027 revenue grew 21% YoY to INR 106.51 crores, with digital contributing 75% and content costs rising sharply due to film music releases. EBITDA margin dipped to 40% for the quarter but is expected to normalize to 65%-70% annually. Guidance for 20% revenue and PAT growth is maintained.

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