Quint Digital Ltd Share Price – BSE

IT - Software, Small Cap

Quint Digital announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 24 August 2024 .

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Net profit of Quint Digital reported to Rs 0.53 crore in the quarter ended March 2024 as against net loss of Rs 9.35 crore during the previous quarter ended March 2023. Sales declined 22.31% to Rs 15.25 crore in the quarter ended March 2024 as against Rs 19.63 crore during the previous quarter ended March 2023.

For the full year,net profit reported to Rs 74.66 crore in the year ended March 2024 as against net loss of Rs 22.73 crore during the previous year ended March 2023. Sales declined 11.41% to Rs 65.98 crore in the year ended March 2024 as against Rs 74.48 crore during the previous year ended March 2023.

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The Board of Quint Digital at its meeting held on 30 May 2024 has approved acquiring the entire 30% equity stake, held by 360 One Seed Ventures Fund- Series 2 (formerly IIFL Seed Ventures Fund – Series 2) in Quintype Technologies India (CIN: U72200KA2015FLC082998), for an aggregate consideration of Rs 25.42 crore.

Quintype India is a leading AI-powered digital newsroom growth platform that empowers publishers to create, distribute, and monetise their content. Quintype manages over 1Bn monthly pageviews for over 200+ publishers, including marquee brands like BQ Prime, The Quint, Fortune India, Karjalainen, and i-mediat.

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Quint Digital will hold a meeting of the Board of Directors of the Company on 30 May 2024

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