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Quint Digital Limited (QDL) Records INR 22.03 Crores Consolidated Revenues for Q3FY24

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Quint Digital Limited (QDL) Records INR 22.03 Crores Consolidated Revenues for Q3FY24
Quint Digital Limited (QDL) Records INR 22.03 Crores Consolidated Revenues for Q3FY24


Noida, Uttar Pradesh, India


Quint Digital Limited (“QDL”) (QUINT, BSE 539515), India’s main multi-brand digital and media-tech group — being the one new-age digital media and expertise participant listed on the Indian inventory alternate — printed its standalone and consolidated outcomes for the quarter and 9 months ended December 31, 2023.


 


QDL accomplished the sale of the remaining 51% stake in loss-making Quintillion Business Media to AMG Media for INR 52.45 crores.


 


Post divestment of Quintillion Business Media, QDL achieved profitability; consolidated PBT for Q3FY24 stood at INR 2.04 crores; a constructive swing of 130+% over Q3FY231. Consolidated PBT for 9 months ended December 31, 2023, stood at INR 5.71 crores; a constructive swing of 134+% over 9 months ended December 31, 20221.


 


Consolidated revenues for QDL for Q3FY24 stood at INR 22.03 crores, witnessing a development of 14% over Q3FY23 (consolidated revenues stood at INR 19.30 crores). Consolidated revenues of INR 67.55 crores for 9 months of FY23 (ended December 2023), witnessing a development of 16+% over the identical interval in FY23 (INR 58.08 crores).


 


The Quint’s standalone revenues for Q3FY24 grew by 15+% to INR 13.94 crores; Q3FY23 revenues stood at INR 12.11 crores.


 


Media-tech operations at Quintype proceed because the solar rise sector for the group; revenues elevated by 27+% to INR 6.95 crores in Q3FY24; Q3FY23 revenues stood at INR 5.35 crores.


 


Quintype’s 9-month revenues stood at INR 20.42 crores, a development of 34+% over the 9 months ended December 31, 2022.


 


QDL to arrange an entirely owned subsidiary outdoors India; and make a robust pivot in the direction of increasing its media-tech operations globally.


 


1 Performa numbers contemplating deconsolidation of Quintillion Business Media Limited



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