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Quint Digital revenue jumps 336 per cent but swings to Q1 loss
Consolidated revenue rises to Rs 34.8 crore as expenses more than triple year on year
MUMBAI: Quint Digital has turned up the volume on revenue, but the bottom line has hit a different note. The digital media company reported a sharp jump in consolidated revenue in the June quarter, even as higher costs pushed it into a loss.
Consolidated revenue from operations rose 336 per cent year on year to Rs 34.8 crore in Q1 FY27, from Rs 8 crore in the corresponding quarter last year. Total income climbed 146 per cent to Rs 39.1 crore, compared with Rs 15.9 crore a year earlier.
The stronger top line, however, came with a much heavier cost base. Total expenses more than tripled to Rs 43.4 crore from Rs 12.5 crore in Q1 FY26. Employee benefits expenses rose to Rs 19.6 crore from Rs 5.7 crore, while finance costs increased to Rs 3.5 crore from Rs 1.1 crore. Other expenses also climbed sharply to Rs 15.7 crore from Rs 4.3 crore.
As a result, Quint Digital reported a consolidated loss before tax of Rs 4.6 crore, against a profit before tax of Rs 3.2 crore in the year-ago quarter. Loss after tax stood at Rs 3 crore, compared with a profit of Rs 4.5 crore in Q1 FY26.
The company’s loss attributable to owners of the parent stood at Rs 4 crore, against a profit of Rs 4.6 crore a year earlier. Basic and diluted earnings per share also moved into negative territory at Rs 0.85, compared with Rs 0.97 in Q1 FY26.
The revenue surge was driven by Quint Digital’s media and technology operations. The segment generated Rs 34.8 crore in revenue during the quarter, compared with Rs 8 crore a year earlier. Its segment loss before tax, however, stood at Rs 1.3 crore, against a loss of Rs 2.1 crore in the year-ago period.
The company also operates the Times Out market segment. The segment reported no revenue during the quarter but recorded a loss of Rs 3.1 crore, compared with a loss of Rs 27 lakh in Q1 FY26.
Sequentially, the numbers show that revenue continued to edge up, with consolidated revenue from operations rising from Rs 34.1 crore in Q4 FY26 to Rs 34.8 crore in Q1 FY27. However, the consolidated loss before tax widened from Rs 2.4 crore to Rs 4.6 crore, while the loss after tax increased from Rs 1.9 crore to Rs 3 crore.
At the standalone level, the picture was weaker on the top line. Total income fell to Rs 5.2 crore from Rs 9.2 crore a year earlier, while revenue from operations declined to Rs 1.2 crore from Rs 2 crore. The standalone loss after tax stood at Rs 3.6 crore, compared with a profit of Rs 5.2 crore in Q1 FY26.
The results come alongside changes to the company’s operating portfolio. During the quarter, Quint Digital officially launched Time Out Media in India, a digital platform focused on local events and cities. It is also advancing India’s first Time Out Market at Worldmark Aerocity in New Delhi, with construction and fit-out work underway and revenue operations expected to begin during the current financial year.
The board also approved the appointment of Sandeep R. Sharma & Co. as Quint Digital’s internal auditor for FY27, replacing Raghu Nath Rai & Co. The appointment was approved at the board meeting held on 7 August 2026.
Quint Digital’s Q1 numbers therefore tell a two-sided story: the business is scaling its revenue base rapidly, but the cost of that expansion has left profitability under pressure as FY27 gets under way.
