Quint Digital Limited held its 41st Annual General Meeting on Tuesday, August 18, 2026, at 04:00 P.M. IST through Video Conferencing/Other Audio-Visual Means. The meeting was attended by board members, management, auditors, and shareholders.

Financial Performance Highlights (FY 2025-26)

Consolidated Performance:

  • Operating revenue: ₹812.3 million, up 155% year-on-year
  • PAT: ₹415.49 million (turnaround from net loss in prior year)
  • Net worth increased by ₹937.24 million to ₹3,939.48 million
  • Zero net debt position as of March 31, 2026

Standalone Performance:

  • Operating revenue: ₹73.14 million
  • Other income: ₹158.38 million
  • Total income: ₹231.52 million
  • PBT (before exceptional items): ₹5.84 million
  • PAT: ₹22.30 million

Operational Metrics

  • Core digital brands (The Quint, Quint Hindi, Youth Ki Awaaz, The News Minute) recorded:
  • 76.43 million page views
  • 61 million video views
  • 55.24 million unique visitors
  • 2.59 billion impressions

Strategic Developments

Time Out India Expansion:

  • Entered hospitality and lifestyle content through exclusive franchise agreement with Time Out Group
  • Launch of Time Out Media India digital city guide live in Delhi and Mumbai
  • Time Out Market Delhi currently under construction at Aerocity, Delhi with expected November 2026 launch
  • Exclusive rights to develop Time Out Markets across India

Corporate Structure Changes:

  • Quintype Technologies Inc. became a subsidiary effective October 1, 2025 (previously operated as joint venture)
  • Quintype Technologies India is a SaaS-based digital publishing platform serving 300+ publishers with over 1 billion monthly page views

Investment Activities:

  • Increased stake in Lee Enterprises, Inc. (NASDAQ-listed) to 14.59%
  • Lee Enterprises operates 350+ publications across 73 markets in 26 US states
  • Mark-to-market gain of approximately ₹150 crore on Lee Enterprises investment in last 6-7 months

Technology Partnerships:

  • Quintype strengthened social media analytics capabilities through ListenFirst Media LLC (New York-based platform)
  • ListenFirst generated INR 929.4 million in revenue in FY26

AGM Agenda Items

The meeting addressed 10 business items for shareholder approval:

1. Adoption of audited standalone and consolidated financial statements for FY ended March 31, 2026

2. Appointment of Ms. Vandana Malik as Director

3. Appointment of Ms. Ritu Kapur as Director

4. Re-appointment of Ms. Abha Kapoor as Independent Director for second five-year term

5. Increase borrowing powers under Section 180(1)(c) to INR 1,000 Crore

6. Creation of charges, mortgages, hypothecation on properties under Section 180(1)(a)

7. Authorization for investments/loans/guarantees exceeding Section 186 limits

8. Amendments to Quint Digital Limited Employee Stock Option Plan 2020

9. Approval for entering into Material Related Party Transactions

10. Alteration of Articles of Association

Shareholder Q&A Highlights

Time Out Business Update:

  • Time Out media operations launched for Delhi and Mumbai with good traction
  • First Time Out Market at Aerocity, Delhi expected to launch November 2026
  • Senior management team in place

Employee Information:

  • Total employees: 74 as of March 31, 2026
  • Over 99% of FY26 profits came from overseas operations

Legal Matters:

  • Four pending legal matters involving the Company
  • No material liability recognized as contingent liability

Growth Strategy:

Management outlined focus on three verticals:

1. Media technology vertical (current turnover ~130-140 crores, already profitable)

2. Digital experiential vertical (Time Out and digital-physical experiential lifestyle space)

3. North American market expansion via Lee Enterprises strategic stake

Voting Procedures

  • Remote e-voting commenced on August 15, 2026 and concluded on August 17, 2026
  • Voting remained open electronically up to 15 minutes after meeting closure
  • Mr. Raghav Bahl stepped down as Chair for Items 2, 3, and 9 due to interest; Mr. Parshotam Dass Agarwal acted as Chairperson for these items

Attendance

Board members and officials present included:

  • Mr. Parshotam Dass Agarwal (Independent Director and Chairman)
  • Mr. Raghav Bahl (Non-Executive Director)
  • Ms. Ritu Kapur (Managing Director and CEO)
  • Mr. Mohan Lal Jain (Non-Executive Director)
  • Mr. Sanjeev Krishana Sharma (Independent Director)
  • Mr. Tushar Tulsiram Patil (Independent Director)
  • Mr. Vivek Agarwal (CFO)
  • Mr. Piyush Jain (Business Head)
  • Representatives from statutory auditors, secretarial auditors, internal auditors, and scrutinizer

Ms. Abha Kapoor, Ms. Vandana Malik and Ms. Tara Bahl were absent due to pre-occupation.