News Headline
The Quint records revenue of Rs 11.79 cr for Q2 FY23
Mumbai: Quint Digital Media (QDML) has published its standalone and consolidated results for the quarter and a half that ended on 30 September 2022.
On a quarterly basis, the total revenues of the company for Q2 FY23 (September 22) stood at Rs 11.79 crore, recording a growth of eight per cent on a quarter-on-quarter (QoQ) basis.
Embed Image: image003.jpg
The company mentioned double-digit growth of 17 per cent over Q2 FY22. While earnings before interest, taxes, depreciation, and amortisation (Ebitda) increased by 50 per cent to Rs 5.54 crore (Q1 FY23 at Rs 3.62 crore), profit after tax increased by 150 per cent over Q1 FY23.
The Quint maintained strong momentum in Q2 and anticipates continued strong business momentum in Q3 of FY23.
Total revenues for H1 FY23 (September 2022) were recorded at Rs 22.51 crore vs. Rs 16.91 crore for H1 FY22 (September 2021). Ebitda increased by 30 per cent to Rs 9.15 crore (H1 FY22 at Rs 6.86 crore). PAT increased by more than 20 per cent to Rs 2.83 crore.
Embed Image: image004.jpg
QDML recorded consolidated total operating revenues of Rs 19.73 crore, a growth of 37 per cent over the previous year (consolidated operating revenues stood at Rs 14.39 crore in Q2 FY22).
Quintype, a SAAS-based media-tech company, increased revenues by 160 per cent or more to Rs 5.21 crore (up from Rs 1.97 crore in Q1 FY22). Half-yearly revenues stood at Rs 9.57 crore, an increase of 160 per cent over H1 FY22.
The losses on a consolidated basis (attributable to QDML; net of non-controlling interest) witnessed a reduction of more than 25 per cent over the previous year. The transaction for the divestiture of a 49 per cent stake in BQPRIME is expected to be completed in Q3 FY23, which will lead to a further reduction in the losses attributable to QDML.
The company is expecting to complete the rights issue in Q3 FY23; the proceeds of the rights issue and consideration of the divestiture of a 49 per cent stake in BQPRIME will provide the company with significant cash reserves and further boost overall profitability.
The audience footprint across the websites and digital platforms (including Facebook, Instagram, YouTube, Twitter, Snapchat, etc.) continued its strong momentum in the quarter. Some of the key data points, aggregated across the websites and digital platforms, are given below:
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
