Quint Digital Reports Profit Surge to Rs 8.1 Crore in Q2 FY26, Approves TimeOut India Franchise

2 min read     Updated on 31 Oct 2025, 11:09 PM
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Overview

Quint Digital Media's Q2 FY26 profit jumped 350% YoY to Rs 8.10 crore, with revenue up 5.9% QoQ to Rs 7.20 crore. The company's board approved franchise agreements for TimeOut India, a Rs 250 crore capital raise via QIP, and expansion into hospitality and restaurant sectors. For H1 FY26, the company turned a Rs 7.30 crore loss into a Rs 6.00 crore profit.

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*this image is generated using AI for illustrative purposes only.

Quint Digital Media , formerly known as Quint Digital Media Limited, has reported a significant increase in profit for the second quarter of fiscal year 2026, along with several strategic business developments. The company's financial results and corporate actions paint a picture of growth and expansion in the digital media landscape.

Financial Performance

For the quarter ended September 30, 2025, Quint Digital reported a substantial rise in profit:

Metric Q2 FY26 Q2 FY25 YoY Change
Profit Rs 8.10 crore Rs 1.80 crore +350%
Revenue Rs 7.20 crore Rs 6.80 crore* +5.9%

*Q1 FY26 figure (QoQ comparison)

The company's profit for the quarter saw a remarkable increase of 350% year-over-year. The revenue from operations increased by 5.9% compared to the previous quarter (Q1 FY26).

For the half-year period ended September 30, 2025, Quint Digital achieved a profit of Rs 6.00 crore, a significant turnaround from a loss of Rs 7.30 crore in the corresponding period last year.

Strategic Developments

The Board of Directors has approved several key initiatives:

  1. TimeOut India Franchise: The company has received approval to enter into franchise agreements with TimeOut Market Limited and TimeOut England Limited. This move aims to launch TimeOut India, potentially expanding Quint Digital's presence in lifestyle and cultural content.

  2. Capital Raising: Approval has been granted for raising capital up to Rs 250.00 crore through Qualified Institutions Placement (QIP). This could provide the company with additional funds for future growth and expansion.

  3. Business Expansion: The Board has approved amendments to include business activities in hospitality, restaurant, and allied sectors in the company's memorandum of association. This suggests a strategic diversification of Quint Digital's business interests.

Management Commentary

Parshotam Dass Agarwal, Chairman of Quint Digital Limited, stated, "The Board of Directors has approved the Un-Audited Financial Results for the quarter and half year ended September 30, 2025. We are pleased with the company's performance and the strategic initiatives undertaken, which we believe will contribute to our long-term growth and value creation for our shareholders."

Future Outlook

With the approval of new business activities and the potential launch of TimeOut India, Quint Digital appears to be positioning itself for diversified growth in the digital media and lifestyle sectors. The capital raising initiative through QIP may provide the necessary financial backing for these expansions.

Quint Digital Limited continues to evolve its business model, balancing its core digital media operations with new ventures in lifestyle content and potentially hospitality-related sectors. The company's ability to execute these diverse initiatives while maintaining profitability will be crucial for its future success in the competitive digital landscape.

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Quint Digital Bolsters Governance: Appoints Independent Directors to Material Subsidiary Boards

2 min read     Updated on 01 Oct 2025, 12:32 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Quint Digital Media has appointed two independent directors to its material subsidiary companies' boards, effective October 1, 2025. Mr. Parshotam Dass Agarwal joins Global Media Technologies Inc., bringing over 44 years of corporate experience across various sectors. Mr. Tushar Tulsiram Patil, with 25+ years in technology consulting and digital transformation, joins Quintype Technologies Inc. These appointments comply with SEBI regulations and aim to enhance corporate governance and strategic guidance across Quint Digital's group structure.

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*this image is generated using AI for illustrative purposes only.

Quint Digital Media , a prominent player in the digital media landscape, has made strategic moves to enhance its corporate governance structure. The company has announced the appointment of two of its independent directors to the boards of its material subsidiary companies, effective October 1, 2025.

Key Appointments

  • Mr. Parshotam Dass Agarwal has been appointed as a Director at Global Media Technologies Inc.
  • Mr. Tushar Tulsiram Patil joins the board of Quintype Technologies Inc.

These appointments are in compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, which mandate the presence of independent directors on the boards of material subsidiaries.

Profile of Appointed Directors

Mr. Parshotam Dass Agarwal

Mr. Agarwal brings a wealth of experience to his new role:

  • Over 44 years of corporate experience across various sectors
  • Extensive background in textiles, manufacturing, and executive roles
  • Held key positions in renowned companies:
    • President in the Birla Group
    • Chief Executive Officer at Surya Roshni Limited
    • President at Shree Krishna Paper Mills Ltd.
    • Executive Director in the OP Jindal Group

His educational background includes:

  • Bachelor's degree in Commerce from Ravishankar University, Raipur
  • Bachelor's degree in Law (LLB) from the University of Delhi
  • Master's degree in Business Administration from the Faculty of Management Studies, University of Delhi
  • Certified Director from the Institute of Directors

Mr. Tushar Tulsiram Patil

Mr. Patil's appointment brings a strong technology and entrepreneurial perspective:

  • Co-founder of Vaaji, an innovative venture integrating IoT, AI, and data for enhanced transdermal therapeutics safety
  • Former Managing Director at Nagarro, a leader in digital product engineering
  • Ex-Managing Director and Partner at ATCS, where he played a crucial role in global expansion

His professional highlights include:

  • Over 25 years of international experience in technology consulting and digital transformation
  • Expertise in advising Fortune 500 companies on aligning technology investments with business strategy
  • Proven track record in strategic planning, sales, global operations, and corporate governance

Mr. Patil holds a Bachelor's degree in Industrial Electronics and an MBA from Columbia Business School.

Implications for Quint Digital

These appointments underscore Quint Digital's commitment to robust corporate governance and compliance with regulatory requirements. By bringing experienced professionals onto the boards of its material subsidiaries, the company aims to enhance oversight and strategic guidance across its group structure.

The diverse backgrounds of Mr. Agarwal and Mr. Patil, spanning traditional industries and cutting-edge technology sectors, are expected to provide valuable insights as Quint Digital navigates the evolving digital media landscape.

As the digital media industry continues to transform rapidly, these governance enhancements position Quint Digital to leverage expert guidance in both operational excellence and technological innovation across its subsidiary operations.

Historical Stock Returns for Quint Digital Media

1 Day5 Days1 Month6 Months1 Year5 Years
+2.81%-0.45%-14.04%-29.05%-35.76%-56.69%
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