OUTCOME OF BOARD MEETING
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Quantum Digital Vision India Ltd reported audited standalone financials for FY ended March 2026. Revenue from operations was Rs. 234.99 lakhs compared to nil in FY2025. However, the company swung to a net loss of Rs. 44.99 lakhs from a profit of Rs. 62.84 lakhs in the previous year. Total expenses surged dramatically to Rs. 308.11 lakhs from Rs. 30.13 lakhs, driven by higher purchases (Rs. 225.88 lakhs), employee costs (Rs. 25.74 lakhs), and other expenses (Rs. 54.83 lakhs). The balance sheet shows negative other equity of Rs. 1,089.55 lakhs. Three Independent Directors resigned on 26 May 2026 citing personal preoccupations. Auditors issued an unmodified opinion on the financial results.
The company swung from profit to loss in FY2026 despite revenue growth, indicating severe cost inflation and margin compression. Negative equity and three independent director resignations in a single meeting may raise governance concerns among shareholders.