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IPRS Revenues Rise 8.5% in FY2026

IPRS music royalties grew 8.5% to Rs804.5 crore in FY2026 despite rupee depreciation.

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IPRS Revenues Rise 8.5% in FY2026

IPRS music royalties grew 8.5% to Rs804.5 crore in FY2026 despite rupee depreciation.

In brief

IPRS music royalties grew 8.5% to Rs804.5 crore in FY2026 despite rupee depreciation. IPRS reported 8.5% revenue growth to Rs804.5 crore in FY2026, driven by TV royalties and currency effects. Originally reported by Musically.

IPRS Revenue Growth

IPRS reported 8.5% revenue growth to Rs804.5 crore in FY2026, covering April 2025 to March 2026.

TV Royalties Surge

Television royalties jumped 216% to Rs52.1 crore from Rs16.5 crore due to back payments from Zee Entertainment Enterprises.

Currency Impact

The rupee depreciated from Rs93.5 per euro to Rs108 per euro, reducing music royalty values by 10.5%.

The one thing

IPRS reported 8.5% revenue growth to Rs804.5 crore in FY2026, driven by TV royalties and currency effects.

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