Quint Digital Q2 Standalone Loss Widens to ₹651 Lakh

Key Financial Figures - Standalone (Amounts in ₹ lakhs)

Quarterly Performance (Q2 FY27 vs Q2 FY26):

Revenue from operations: ₹133.46 (Q2 FY27) vs ₹176.28 (Q2 FY26)
Other income: ₹176.05 (Q2 FY27) vs ₹374.95 (Q2 FY26)
Total income: ₹309.51 (Q2 FY27) vs ₹551.23 (Q2 FY26)
Total expenses: ₹1,209.67 (Q2 FY27) vs ₹458.74 (Q2 FY26)
Loss before tax: ₹(900.16) (Q2 FY27) vs Profit ₹92.49 (Q2 FY26)
Deferred tax credit: ₹(248.76) (Q2 FY27) vs charge ₹11.63 (Q2 FY26)
Net loss: ₹(651.40) (Q2 FY27) vs Net profit ₹80.86 (Q2 FY26)
Basic EPS: ₹(1.35) (Q2 FY27) vs ₹0.17 (Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26):

Revenue from operations: ₹254.30 (H1 FY27) vs ₹375.85 (H1 FY26)
Other income: ₹577.35 (H1 FY27) vs ₹1,092.70 (H1 FY26)
Total income: ₹831.65 (H1 FY27) vs ₹1,468.55 (H1 FY26)
Total expenses: ₹2,267.37 (H1 FY27) vs ₹985.27 (H1 FY26)
Loss before tax: ₹(1,435.72) (H1 FY27) vs Profit ₹483.28 (H1 FY26)
Deferred tax credit: ₹(423.68) (H1 FY27) vs ₹(179.15) (H1 FY26)
Net loss: ₹(1,012.04) (H1 FY27) vs Net profit ₹604.91 (H1 FY26)
Basic EPS: ₹(2.12) (H1 FY27) vs ₹1.28 (H1 FY26)

Balance Sheet Changes - Standalone (as of September 30, 2026 vs March 31, 2026)

Property, plant and equipment: ₹73.25 lakh vs ₹77.30 lakh
Capital work-in-progress: ₹1,452.23 lakh vs ₹14.46 lakh
Right of use asset: ₹5,287.05 lakh vs ₹5,806.67 lakh
Investments: ₹37,976.37 lakh vs ₹41,996.50 lakh
Total non-current assets: ₹45,718.93 lakh vs ₹48,648.18 lakh
Current investments: ₹10,629.68 lakh vs ₹5,376.60 lakh
Cash and cash equivalents: ₹109.50 lakh vs ₹19.76 lakh
Total current assets: ₹11,322.36 lakh vs ₹5,968.70 lakh
Total assets: ₹57,041.29 lakh vs ₹54,616.88 lakh
Equity share capital: ₹4,720.80 lakh vs ₹4,718.25 lakh
Instruments entirely equity in nature: ₹4,130.70 lakh (new)
Other equity: ₹30,905.78 lakh vs ₹34,676.52 lakh
Total equity: ₹39,757.28 lakh vs ₹39,394.77 lakh
Borrowings (non-current): ₹9,128.17 lakh vs ₹2,527.00 lakh
Lease liabilities (non-current): ₹5,255.58 lakh vs ₹5,557.40 lakh
Total non-current liabilities: ₹15,548.26 lakh vs ₹10,693.24 lakh
Total current liabilities: ₹1,735.75 lakh vs ₹4,528.87 lakh
Total liabilities: ₹17,284.01 lakh vs ₹15,222.11 lakh

Cash Flow Statement - Standalone (H1 FY27)

Net cash used in operating activities: ₹(562.29) lakh
Net cash used in investing activities: ₹(6,200.01) lakh
Net cash generated from financing activities: ₹6,849.83 lakh
Net increase in cash and cash equivalents: ₹87.53 lakh

Segment Performance - Standalone

Media and technology operations revenue: ₹133.46 lakh (Q2 FY27), ₹254.30 lakh (H1 FY27)
Media and technology operations segment result: ₹(129.34) lakh (Q2 FY27), ₹(361.01) lakh (H1 FY27)
Operated market segment (Times Out) result: ₹(370.19) lakh (Q2 FY27), ₹(678.63) lakh (H1 FY27)

Key Financial Figures - Consolidated (Amounts in ₹ lakhs)

Quarterly Performance (Q2 FY27):

Revenue from operations: ₹3,677.65
Other income: ₹200.64
Total income: ₹3,878.29
Total expenses: ₹4,392.70
Loss before tax: ₹(523.73)
Net loss: ₹(286.12)
Basic EPS: ₹(1.06)

Half-Yearly Performance (H1 FY27):

Revenue from operations: ₹7,157.38
Other income: ₹626.29
Total income: ₹7,783.67
Total expenses: ₹8,729.26
Loss before tax: ₹(982.42)
Net loss: ₹(582.97)
Basic EPS: ₹(1.91)

Significant Developments and Notes

Corporate Actions:

1. Rights Issue: Board approved and allotted 8,261,401 partly paid-up 10% Non-Cumulative Non-Participating CCPS of face value ₹100 each (₹50 paid up) and 8,261,401 partly paid-up Detachable Warrants of face value ₹10 each (₹5 paid up) through rights issue. Trading commenced on September 18, 2026. First and final call of ₹5 per warrant approved on October 9, 2026.

2. NCD Issuance: Board approved issuance of up to 10,000 Secured, Unlisted, Unrated, Redeemable, Non-Convertible Debentures of face value ₹100,000 each aggregating ₹10,000 lakh. Allotted 5,000 NCDs aggregating ₹5,000 lakh on July 22, 2026.

3. ESOP Allotment: Allotted 25,500 equity shares on April 6, 2026, upon completion of vesting period under QDL Employee Stock Option Plan.

Subsidiary Changes:

Global Media Technologies Inc (wholly-owned subsidiary) gained majority control over Quintype Technologies Inc, US effective October 1, 2025, making QT Inc and Quintype Services India Private Limited subsidiaries.

Business Developments:

Launched "Time Out Media" digital platform in India
Advancing India's first "Time Out Market" at Worldmark Aerocity, New Delhi, expected to commence revenue operations in current financial year

Regulatory Matters:

Company obtained external legal opinion regarding NBFC registration requirements after financial assets exceeded 50% of total assets and income from financial assets exceeded 50% of gross income in previous years
Management anticipates operational income will exceed 50% of gross income in ensuing financial years
Management continues to monitor position to ensure regulatory compliance

Exceptional Items:

Previous year recognized ₹15.77 lakh incremental impact of changes in 'definition of wages' as per new labor law
Consolidated results include ₹4,200.15 lakh fair value gain on remeasurement of previously held investments in QT Inc and QT Services

Entities Included in Consolidated Results:

Parent: Quint Digital Limited
Subsidiaries: Quintype Technologies India Limited, Global Media Technologies Inc, Shvaas Creations Private Limited, Quintype Technologies Inc US, Quintype Services India Private Limited
Associates: Spunklane Media Private Limited, YKA Technologies Private Limited
Joint Ventures: Quintype Technologies Inc US (till September 30, 2025), Quintype Services India Private Limited (till September 30, 2025)

Review and Approval

Financial results reviewed by Audit Committee and approved by Board of Directors on October 19, 2026
Statutory Auditors S N Dhawan & CO LLP conducted limited review pursuant to Regulation 33 of SEBI LODR Regulations
Results available on company website (www.quintdigital.in) and stock exchange website (www.bseindia.com)