{"id":1108,"date":"2024-02-06T20:29:31","date_gmt":"2024-02-06T14:59:31","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/2024\/02\/06\/quint-digital-limited-qdl-records-inr-22-03-crores-consolidated-revenues-for-q3fy24\/"},"modified":"2024-02-06T20:29:31","modified_gmt":"2024-02-06T14:59:31","slug":"quint-digital-limited-qdl-records-inr-22-03-crores-consolidated-revenues-for-q3fy24","status":"publish","type":"post","link":"https:\/\/new.matribhumisamachar.com\/en\/2024\/02\/06\/quint-digital-limited-qdl-records-inr-22-03-crores-consolidated-revenues-for-q3fy24\/","title":{"rendered":"Quint Digital Limited (QDL) Records INR 22.03 Crores Consolidated Revenues for Q3FY24"},"content":{"rendered":"<p style=\"text-align: justify;\"><a href=\"https:\/\/www.thequint.com\/\">Quint Digital Limited<\/a> (&#8220;<strong>QDL<\/strong>&#8220;) (QUINT, BSE 539515), Indias leading multi-brand digital and media-tech group &#8211; being the only new-age digital media and technology player listed on the Indian stock exchange &#8211; published its standalone and consolidated results for the quarter and nine months ended December 31, 2023.<\/p>\n<p style=\"text-align: justify;\">QDL completed the sale of the remaining 51% stake in loss-making Quintillion Business Media to AMG Media for INR 52.45 crores.<\/p>\n<p style=\"text-align: justify;\">Post divestment of Quintillion Business Media, QDL achieved profitability; consolidated PBT for Q3FY24 stood at INR 2.04 crores; a positive swing of 130+% over Q3FY231. Consolidated PBT for 9 months ended December 31, 2023, stood at INR 5.71 crores; a positive swing of 134+% over 9 months ended December 31, 20221.<\/p>\n<p style=\"text-align: justify;\">Consolidated revenues for QDL for Q3FY24 stood at INR 22.03 crores, witnessing a growth of 14% over Q3FY23 (consolidated revenues stood at INR 19.30 crores). Consolidated revenues of INR 67.55 crores for 9 months of FY23 (ended December 2023), witnessing a growth of 16+% over the same period in FY23 (INR 58.08 crores).<\/p>\n<p style=\"text-align: justify;\">The Quint&#8217;s standalone revenues for Q3FY24 grew by 15+% to INR 13.94 crores; Q3FY23 revenues stood at INR 12.11 crores.<\/p>\n<p style=\"text-align: justify;\">Media-tech operations at Quintype continue as the sun rise sector for the group; revenues increased by 27+% to INR 6.95 crores in Q3FY24; Q3FY23 revenues stood at INR 5.35 crores.<\/p>\n<p style=\"text-align: justify;\">Quintype&#8217;s 9-month revenues stood at INR 20.42 crores, a growth of 34+% over the 9 months ended December 31, 2022.<\/p>\n<p style=\"text-align: justify;\">QDL to set up a wholly owned subsidiary outside India; and make a strong pivot towards expanding its media-tech operations globally.<\/p>\n<p style=\"text-align: justify;\">1 Performa numbers considering deconsolidation of Quintillion Business Media Limited<\/p>\n<p>Featured Article<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quint Digital Limited (&#8220;QDL&#8220;) (QUINT, BSE 539515), Indias leading multi-brand digital and media-tech group &#8211; being the only new-age digital media and technology player listed on the Indian stock exchange &#8211; published its standalone and consolidated results for the quarter and nine months ended December 31, 2023. QDL completed the sale of the remaining 51% [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":106422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52886],"tags":[],"class_list":["post-1108","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business-english-news"],"_links":{"self":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/1108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/comments?post=1108"}],"version-history":[{"count":0,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/1108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media\/106422"}],"wp:attachment":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media?parent=1108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/categories?post=1108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/tags?post=1108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}