Quint Digital Media posts positive results in FY2021

Quint Digital Media Limited (QDML), the owner of The Quint, Hindi Quint and Fit, India’s leading digital media platforms, has published its Q4 and Annual Results for FY 2020-21. The company had acquired these digital properties on July 1, 2020. Accordingly, it has been operating them for nine months of FY 2020-21. In this nine‑month period, QDML has posted Operating Revenues of Rs 18.03 crore, and profit after tax (PAT) of Rs 1.70 crore.

In Q4 FY2021 (January-March), QDML reported EBIDTA margin at 24.5%, while there was a 5.3% Increase in Q4 revenues compared to Q3.

Full Year 2020-21:

QDML reported strong operational revenues Quarter-on-Quarter beginning Q2 (that is, post the acquisition of the digital properties by QDML). The company saw an EBIDTA of Rs 4.69 crore for the period July-March FY 2020-21.

QDML’s operating revenues are broad-based, with 110 brands across a diversified base of industries/ sectors. The company’s programmatic and partner revenues have contributed 25% of the overall revenues in the current fiscal.

The audience footprint across the websites and various digital platforms, including Facebook, Instagram, YouTube, Twitter, Snapchat, etc., is also strong and diversified.

Source: based on data provided by platforms/ other agencies

In addition, the digital properties had nearly 14.8 million subscribers/ followers across various platforms at the end of FY 2020-21. The management is confident that its digital properties have entered a phase of sustained profitable growth.