Outcome of the Board Meeting held on April 30, 2025
QUINT · price
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Quint Digital's board approved its audited Q4 and FY25 (ended March 31, 2025) standalone and consolidated results, carrying an unmodified auditor opinion from S.N. Dhawan & Co LLP. Standalone FY25 total income was about Rs. 51.6 crore, with profit before exceptional items of roughly Rs. 10.9 crore; however, exceptional items of around Rs. 12.3 crore (mainly Rs. 11.5 crore impairment of capitalised content cost tied to the Hindi business shutdown, plus merger expenses) dragged the company to a standalone loss of about Rs. 0.25 crore and an EPS of Re (0.04) versus Rs. 8.28 in FY24. Total comprehensive loss stood near Rs. 21.7 crore due to large negative fair-value movements on equity investments (around Rs. 28.8 crore OCI hit before tax). On the corporate side, the board approved re-appointment of Ms. Ritu Kapur as MD & CEO for three years from February 19, 2026, and retirement-by-rotation re-appointments of directors Raghav Bahl and Mohan Lal Jain, subject to shareholder approval.
The headline FY25 swing from an Rs. 8.28 EPS profit last year to a small loss, plus the large OCI mark-down, may pressure the stock in the near term; the impairment reflects a clean-up of the failed Hindi content strategy. Shareholders gain optionality from the approved Rs. 250 crore QIP plan and the proposed NSE listing (currently BSE-only), both subject to shareholder and regulatory nods at the upcoming AGM, which could dilute existing holders if the QIP is executed.