Quint Digital Media Reports Decline in Financial Performance for Q1 FY25

Aug 13 2024 10:34 AM IST
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Quint Digital Media, a microcap company in the TV broadcasting and software industry, has reported a negative performance in the quarter ending March 2024. The company's financial health has declined, with a decrease in Profit Before Tax and net sales. The operating profit and earnings per share have also shown a negative trend. MarketsMojo has given a 'Strong Sell' call for the company's stock.

Quint Digital Media, a microcap company in the TV broadcasting and software industry, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Strong Sell’ call by MarketsMOJO.

According to the financial report, Quint Digital has seen a negative performance in the quarter, with a score of -10 compared to -4 in the previous quarter. This indicates a decline in the company’s financial health.


One of the major factors contributing to this decline is the Profit Before Tax less Other Income (PBT) for the quarter, which has fallen to -8.36 crore, a decrease of 261.5% from the average PBT of the previous four quarters. This shows a very negative trend in the near term for PBT.


The company’s net sales for the half-yearly period have also shown a decline of 30.28% year on year, indicating a negative trend in the near term. Additionally, the operating profit for the quarter has been the lowest in the last five quarters at -3.06 crore, further highlighting the negative trend in the near term.


The company’s profitability has also been affected, with the lowest earnings per share (EPS) of -2.21 in the last five quarters. This indicates a decline in profitability and lower earnings for shareholders.


Overall, the financial results for the quarter ending March 2024 have not been favorable for Quint Digital Media. Investors should take note of the negative trends and the ‘Strong Sell’ call by MarketsMOJO before making any investment decisions.


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