Digicontent Limited Reports Q1 Loss, Expands Employee Stock Plan
Digicontent Limited reported a consolidated net loss of Rs 233.00 lakhs in Q1, compared to a profit of Rs 69.00 lakhs in the same period last year. Revenue from operations increased to Rs 11,045.00 lakhs from Rs 10,427.00 lakhs year-over-year. The company's Board approved an expansion of its Restricted Stock Units Plan, adding 26.40 lakh RSUs to the existing pool, subject to shareholder approval. EBITDA stood at Rs 281.00 lakhs, while total expenses rose to Rs 11,300.00 lakhs.

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Digicontent Limited , a player in the Entertainment & Digital Innovation Business segment, has reported a consolidated net loss for the first quarter, while simultaneously expanding its employee stock plan.
Financial Performance
The company reported a consolidated net loss of Rs 233.00 lakhs for the quarter, a significant downturn from the profit of Rs 69.00 lakhs recorded in the same period last year. Despite the loss, Digicontent's revenue from operations showed an improvement, increasing to Rs 11,045.00 lakhs from Rs 10,427.00 lakhs year-over-year.
Particulars (Consolidated) | Q1 (Rs in Lakhs) | Q1 Previous Year (Rs in Lakhs) |
---|---|---|
Revenue from Operations | 11,045.00 | 10,427.00 |
Net Profit/(Loss) | (233.00) | 69.00 |
On a standalone basis, Digicontent Limited posted a loss of Rs 305.00 lakhs with revenue of Rs 31.00 lakhs for the quarter.
Employee Stock Plan Expansion
In a strategic move, the company's Board of Directors has approved an expansion of its Restricted Stock Units (RSU) Plan. The amendment, which is subject to shareholder approval, will add 26.40 lakh RSUs to the existing pool, increasing the total from 29.09 lakh to 55.49 lakh units. This expansion represents approximately 9.54% of the company's paid-up equity share capital.
Key Financial Metrics
- The company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at Rs 281.00 lakhs for the quarter.
- Total expenses for the quarter were Rs 11,300.00 lakhs, compared to Rs 10,380.00 lakhs in the same quarter of the previous year.
- Employee benefits expense increased to Rs 5,985.00 lakhs from Rs 5,430.00 lakhs year-over-year.
Conclusion
Digicontent Limited faces challenges as it navigates through a loss-making quarter. However, the increase in revenue and the expansion of the employee stock plan indicate the company's efforts to drive growth and maintain a motivated workforce. Shareholders and market observers will be keenly watching how these strategies translate into financial performance in the coming quarters.
Note: All financial figures are in Indian Rupees (INR) and are taken from the unaudited financial results for the quarter.
Historical Stock Returns for Digicontent
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
0.0% | +0.17% | -2.73% | -9.12% | -15.63% | +155.84% |