quint digital media reported a consolidated revenue from operations of ₹35 crore for the quarter ended June 30, 2026, marking a 336% year-on-year increase. While the company posted a statutory net loss of ₹296.85 lakhs due to high depreciation and finance costs, it delivered an adjusted profit before tax of ₹4.93 crore, signaling improved operational efficiency. The strong performance was driven by robust growth in its Media-Tech business, particularly Quintype, which contributed ₹33 crore to consolidated revenues.

The Board of Directors approved the un-audited standalone and consolidated financial results on August 7, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by statutory auditors S N Dhawan & Co LLP. The company highlighted that it is on track to achieve its strongest full-year operating performance to date, leveraging its position as a global Media-Tech and AI-powered platform.

Financial Performance and Adjusted Metrics

Consolidated revenue from operations rose significantly to ₹3,479.73 lakhs in Q1FY27, compared to ₹798.53 lakhs in the same period last year. Total income stood at ₹3,905.38 lakhs, including other income of ₹425.65 lakhs. However, total expenses increased to ₹4,336.56 lakhs, driven by employee benefits of ₹1,963.09 lakhs, finance costs of ₹353.28 lakhs, and depreciation and amortization of ₹395.83 lakhs. This resulted in a loss before tax of ₹458.69 lakhs and a net loss of ₹296.85 lakhs.

Management presented an adjusted profit before tax of ₹4.93 crore, calculated after adjusting for interest costs, non-cash expenses such as depreciation and stock option charges, and one-time pre-operating expenses of ₹1.04 crore related to the launch of Time Out Media and Time Out Markets. This metric highlights the underlying operational strength despite the statutory losses.

Strategic Developments and Investments

Quint Digital Limited advanced its expansion into experiential media and hospitality by launching the media vertical of Time Out India. The company is progressing with India's first Time Out Market at Worldmark Aerocity, New Delhi, with revenue operations expected to commence in early Q3 FY27, targeted before Diwali. This venture aims to create a new growth engine in digital media-led commerce.

In the investment space, Quint Digital increased its stake in Lee Enterprises to 14.59% through additional share acquisitions at $3.25 per share in Q4 FY26. The stake, valued at $29 million based on the closing price of $8.96 per share on June 30, 2026, contributed significantly to the company's financial picture. The company recognized a mark-to-market gain of ₹10.58 crore on this investment in the current quarter, bringing the overall mark-to-market gain to ₹129 crore. This strategic holding offers synergy opportunities through Lee Enterprises' ownership of BLOX Digital, enhancing Quint Digital's global media technology footprint.

What the Numbers Show

The divergence between statutory and adjusted performance underscores the impact of non-cash items and financing costs on Quint Digital's reported results. While the statutory net loss widened to ₹296.85 lakhs from a profit of ₹449.53 lakhs in Q1FY26, the 336% surge in revenue demonstrates successful scaling of operations. The adjusted profit before tax of ₹4.93 crore indicates that core operational activities are generating positive cash flows before accounting for heavy depreciation and interest burdens. Furthermore, the significant mark-to-market gain from the Lee Enterprises investment provides a substantial buffer against operational losses, highlighting the dual-engine growth strategy of combining operational media-tech scaling with strategic financial investments.

Quint Digital Media has appointed M/s Sandeep R. Sharma & Co. as its internal auditor for the financial year 2026-2027, replacing the outgoing firm M/s Raghu Nath Rai & Co. The Board of Directors approved the change during a meeting held on August 7, 2026, following a recommendation from the Audit Committee. This appointment ensures continuity in the company’s internal audit processes for the upcoming fiscal period.

The decision was formalized at the Board meeting, which commenced at 06:00 p.m. (IST) and concluded at 07:14 p.m. (IST) on August 7, 2026. The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III. Additionally, the company adhered to SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding the disclosure of specified information related to the change in management.

Auditor Profile and Scope

M/s Sandeep R. Sharma & Co. is a Delhi-based Chartered Accountants firm registered with the Institute of Chartered Accountants of India (ICAI) under Firm Registration Number 025491N. The firm specializes in consultation, taxation, accounting, valuation, and auditing services. Its team possesses extensive industry experience across sectors including banking, construction, IT, BPO, real estate, and manufacturing. The firm emphasizes providing innovative, practical, and cost-effective solutions to its clients.

Key Details of Appointment

Tarun Belwal, Company Secretary and Compliance Officer of Quint Digital Limited, signed the intimation letter addressed to BSE Limited. The company confirmed that this information would also be hosted on its official website, www.quintdigital.in , ensuring transparency for stakeholders and regulatory compliance.