India’s Indian Performing Right Society (IPRS) reported that its collections rose 8.5% to Rs804.5 crore (10 million Indian rupees) in fiscal year 2026, which ran from April 2025 to March 2026. The increase contrasts with a global ranking that placed India lower, a gap linked to the rupee’s decline in value.
- Collections: Rs804.5 crore, up 8.5%
- Streaming: Rs578 crore, down from Rs602.4 crore, and 72% of revenue
- Television: Rs52.1 crore, up 216% from Rs16.5 crore
- Public performance: Rs150.8 crore, up 48.2% from Rs101.7 crore
Global ranking slips as the rupee weakens#
The International Confederation of Societies of Authors and Composers (CISAC) published its Global Collections Report 2026, which covers members’ collections in 2025. Measured by music royalties alone, India fell a couple of places to No. 23 worldwide.
Indian music royalty income dropped 7.5% to €74.4 million from an all-time high of €80 million in 2024. The difference between the two sets of figures comes down to the rupee, which fell from about Rs93.5 per euro in March 2025 to around Rs108 a year later. IPRS is a CISAC member and provides the federation with India’s figures.
Streaming income declines#
Streaming services remain IPRS’s largest source of revenue, accounting for 72%. Income from this category nonetheless fell to Rs578 crore from Rs602.4 crore.
CISAC attributes the dip “to a significant back payment the previous year”. That payment came from Airtel‘s now-shuttered Wynk Music platform, which “had delivered a 56.7% increase”.
Television and public performance income rise#
Television royalties rose 216% to Rs52.1 crore from Rs16.5 crore. The IPRS annual report attributes the growth to back payments from a broadcaster covering a period that extended across two financial years.
According to CISAC, this helped India record the highest growth within the “live and background music” segment in the Asia-Pacific region.
IPRS’s public performance income rose 48.2% to Rs150.8 crore from Rs101.7 crore. CISAC attributed the increase to “more outlets being licensed and a revised general public performance tariff that took effect on 1 April, 2025”.
