Tips Films Limited Announces CFO Change and Releases Unaudited Financial Results for Quarter Ended June 30, 2026
Tips Films Limited has announced a change in its senior financial leadership alongside releasing the Unaudited Standalone Financial Results and a Limited Review Report for the quarter ended June 30, 2026. The Board of Directors considered and approved these results, which reflect the company’s performance across various periods.The Board meeting confirmed the resignation of Mr. Haresh Sedhani from the position of Chief Financial Officer (KMP). His departure is attributed to personal reasons and is effective as of close of business hours on September 22, 2026.
In response to this change, the company approved the appointment of Mr. Saurabh Rathi as the new Chief Financial Officer (KMP), with his tenure commencing from September 23, 2026.
Profile and Experience of New CFO
The appointed Chief Financial Officer, Mr. Saurabh Rathi, is a seasoned Chartered Accountant (CA) possessing over 14 years of experience in Finance, Accounts, Taxation, Financial Planning, and Business Finance specifically within the Media and Entertainment industry.Mr. Rathi’s career background includes pivotal roles at esteemed media and entertainment organizations such as The Walt Disney Company, UTV, Star India, Fox Corporation Group, and Yash Raj Films. His extensive expertise spans film production, movie distribution, television broadcasting, music licensing, international film royalty management, artist management, and brand partnerships. Mr. Rathi holds a CA qualification from ICAI, ensuring he can effectively support complex business models and drive financial excellence.
Q2 FY 2026 Financial Performance Snapshot
Tips Films Limited released its Unaudited Statement of Financial Results for the quarter ended June 30, 2026, along with comparative figures for previous periods. The company operates a single reportable business segment: Films Production and Distribution Products, as per Ind AS 108.The financial performance data for the quarter ending June 30, 2026, is presented below in Lakhs:
| Particulars | Qtr Ended June 30, 2026 (Unaudited) |
|---|---|
| Income from operations (Net sales / income from operations) | 4,796.43 |
| Other Income | 27.85 |
| Total income from operations (net) | 4,824.28 |
| Total expenditure | 7,765.40 |
| Profit (loss) from operations before extraordinary items and tax | (2,941.12) |
| Net Profit / (loss) for the period after tax | (2,941.12) |
The company also reported figures across various periods as part of the statement:
| Period (Quarter/Year) | Total Income from Operations (net) | Total Expenditure | Net Profit / (loss) After Tax |
|---|---|---|---|
| Qtr Ended June 30, 2026 (Unaudited) | 4,824.28 Lacs | 7,765.40 Lacs | (2,941.12) Lacs |
| Qtr Ended March 31, 2026 (Audited) | 269.97 Lacs | 624.55 Lacs | 1,347.34 Lacs |
| Qtr Ended June 30, 2025 (Unaudited) | 9,558.88 Lacs | 8,924.90 Lacs | 474.40 Lacs |
| Year Ended March 31, 2026 (Audited) | 15,955.54 Lacs | 17,547.73 Lacs | (1,584.95) Lacs |
The results for the period ended March 31, 2026, recorded a Paid-Up Equity Share Capital of 43.23 Lakhs per share, with Basic and Diluted EPS before extraordinary items standing at (68.04) Rs.
TIPSFILMS Stock Price Movement
As of 1:26 PM, shares of Tips Films Limited are slipping by 3.26% in live trading, currently valued at ₹350.15 after shedding ₹11.80 from the previous close. The stock has seen a total traded volume of 12,001 during the current session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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