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.