Quint Digital Media posts positive results in FY2021 adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Programmatic and partner revenues contributed 25 per cent of overall revenue.
16 Apr, 2021 - 12:07 PM IST | By indiantelevision.com Team
NEW DELHI: Quint Digital Media Ltd (QDML) has reported positive growth during the quarter ended 31 March 2021, posting a net profit of Rs 45 lakh for the period.
During the previous quarter, the company had reported a net profit of Rs 18 lakh.
Its revenue for operations for the fourth quarter of FY21 stood at Rs 6.56 crore, up from Rs 6.23 crore in the third quarter.
QDML had acquired The Quint, Hindi Quint and Fit digital properties on 1 July 2020, and has been operating them for nine months of FY20-21. During the nine-month period ending March 2021, the digital publication posted operating revenue of Rs 18.03 crore, and profit after tax of Rs 1.70 crore.