Quantum Digital Vision (India) Limited , a Mumbai-based company, has submitted additional details to BSE Limited regarding the resignation of its statutory auditors, following regulatory requirements under SEBI guidelines. The company has provided comprehensive information about the auditor transition that was initially announced in November 2025.

Regulatory Compliance Update

On January 8, 2026, Quantum Digital Vision submitted additional details required under SEBI Circular dated October 18, 2019, for the corporate announcement filed under Regulation 30 of SEBI (LODR) Regulations, 2015. The submission provides detailed information about the resignation of statutory auditors Shah Khandelwal Jain & Associates, which became effective from November 11, 2025.

Director Shakuntla Panna Dassani signed the compliance document, confirming that the statutory auditors resigned from the company with effect from November 11, 2025, due to pre-occupation and other commitments.

Detailed Auditor Information

The comprehensive submission includes specific details about the outgoing auditors and their association with the company:

Audit History and Reports

The resignation documentation reveals the auditors' recent work with the company. Their latest submissions included the audit of financial statements for the year ended March 31, 2025, with an audit report dated May 29, 2025. Additionally, they completed a limited review of unaudited financial results for the quarter ended September 30, 2025, submitting their review report on November 11, 2025.

Ashish Khandelwal, Partner of Shah Khandelwal Jain & Associates (FRN: 142740W), formally confirmed the resignation in the detailed format required by SEBI regulations. The auditors declared that there were no material reasons for resignation other than pre-occupation and other commitments.

New Auditor Appointment

The board had previously approved the appointment of M/s Arvind Baid Associates as the new statutory auditors to fill the casual vacancy created by the resignation. This appointment remains subject to approval by the company's members.

Financial Position Update

The company's latest financial highlights from the September 2025 results show:

The submission of additional details demonstrates Quantum Digital Vision's commitment to regulatory compliance and transparency in corporate governance matters, ensuring all stakeholders have complete information about the auditor transition process.

Quantum Digital Vision (India) Limited has released its standalone unaudited financial results for the quarter ended June 30, revealing an intriguing financial scenario marked by zero revenue but significant profit growth.

Financial Highlights

• Total Income from Operations: Rs. 0.00 lakhs (unchanged from the previous year)
• Net Profit Before Tax: Rs. 2.80 lakhs (up from Rs. 0.18 lakhs, a 1455% increase)
• Net Profit After Tax: Rs. 4.33 lakhs (up from Rs. 1.35 lakhs, a 221% increase)

Unusual Profit Growth Despite Zero Revenue

In an unusual turn of events, Quantum Digital Vision has reported a substantial increase in profitability despite generating no revenue from operations. The company's total income from operations remained at Rs. 0.00 lakhs, mirroring the figure from the same quarter in the previous year.

Significant Profit Margins

Despite the absence of operational revenue, the company managed to achieve remarkable growth in its profit figures:

• The net profit before tax surged to Rs. 2.80 lakhs, marking a 1455% year-on-year increase from the previous year's Rs. 0.18 lakhs.
• Net profit after tax also saw a significant boost, rising to Rs. 4.33 lakhs from Rs. 1.35 lakhs in the previous year, representing a 221% increase.

Financial Table

The financial results present a puzzling scenario where Quantum Digital Vision has managed to significantly improve its profitability without generating any revenue from its core operations. This unusual financial performance raises questions about the sources of the company's profits and the sustainability of this model.

Investors and analysts may be keen to understand the factors contributing to this profit growth in the absence of operational revenue. It would be crucial for the company to provide clarity on the sources of its income and the strategies employed to achieve such remarkable profit figures despite the lack of sales.

As the financial world digests these unconventional results, all eyes will be on Quantum Digital Vision's future reports and any explanations the company might offer regarding its business model and financial strategies.