Tips Films Ltd reported a sequential widening of its net loss for the quarter ended March 31, 2026, even as it showed a significant improvement on a year-on-year basis. The company posted a consolidated net loss of Rs.3.47 crore in Q4 FY26, compared to a loss of Rs.2.87 crore in the previous quarter, with revenue from operations falling sharply to Rs.2.36 crore from Rs.4.06 crore in Q3.

The financial performance was disclosed in a BSE statement, which highlighted the pressure on quarterly revenues despite a stronger annual showing. The decline in operating income during the quarter impacted overall profitability, leading to a higher sequential loss.

On a year-on-year basis, however, the company reported a notable turnaround. The net loss narrowed significantly from Rs.32.71 crore in Q4 FY25, indicating improved cost management and better alignment of operations over the past year. Total income for the March quarter stood at Rs.2.70 crore, down from Rs.4.56 crore in the December quarter and Rs.60.59 crore in the corresponding period last year.

Total expenditure during Q4 FY26 declined to Rs.6.25 crore from Rs.7.43 crore in Q3 and Rs.93.31 crore a year ago. Despite the reduction in expenses, lower revenue generation kept the company in the red. Employee benefit expenses eased to Rs.1.44 crore from Rs.1.78 crore in the previous quarter, while other expenses declined to Rs.1.79 crore from Rs.2.26 crore. Finance costs remained largely stable at Rs.0.21 crore, and depreciation and amortisation expenses were unchanged at Rs.0.21 crore.

For the full financial year FY26, Tips Films delivered a stronger performance, with revenue more than doubling to Rs.158.27 crore. Total income for the year stood at Rs.159.56 crore, compared to Rs.75.57 crore in FY25, reflecting improved business momentum. Total expenditure rose to Rs.175.48 crore from Rs.120.51 crore in the previous year.

The company’s annual net loss narrowed significantly to Rs.15.85 crore from Rs.45.40 crore in FY25, signalling a more stable operating trajectory. Earnings per share also improved to negative Rs.36.55 from negative Rs.105.02 in the previous year.

Tips Films noted that the implementation of new labour codes resulted in an incremental employee benefits expense impact of Rs.37.37 lakh during the financial year. The company continues to operate as a single business segment focused on film production and distribution, navigating short-term volatility while aiming for sustained long-term growth.