During the quarter, QDL successfully repositioned itself as a global Media-Tech and AI-powered platform, expanding beyond digital publishing into high-growth physical retail, commerce and experiential ventures.
Following the successful launch of the media vertical of Time Out India, QDL is advancing towards the launch of India’s first Time Out Market in Aerocity, New Delhi. The market is targeted to open in early Q3 FY2026–27 and is expected to open before Diwali, marking a significant milestone in the company’s experiential media and hospitality growth strategy.
QDL reported an adjusted Profit Before Tax (PBT) of Rs. 4.93 crore for Q1 FY2026–27. The adjusted PBT is calculated after adjustment of interest cost and non-cash expenses, including depreciation and stock option charge. It also includes an adjustment for one-time pre-operating expenses of Rs. 1.04 crore related to the launch of Time Out Media and Time Out Markets.
The company said it remains on track to achieve its strongest full-year operating performance to date.
Quintype continued to serve as the Group’s key growth engine, delivering robust operational and financial performance while reinforcing its leadership in Media-Tech. Quintype’s Media-Tech operations recorded consolidated revenue of Rs. 33 crore during the quarter, highlighting the strength and scalability of the business.
QDL is also entering the high-growth, scalable digital media-led commerce vertical, which is expected to significantly increase operating revenue and create a strong new growth engine for the company.
The company further strengthened its strategic investment in Lee Enterprises. QDL increased its stake to 14.59% through the acquisition of additional shares at USD 3.25 per share in Q4 FY2025–26. The stake was valued at USD 29 million based on the closing price of USD 8.96 per share as of June 30, 2026.
QDL recognized a mark-to-market gain of Rs. 10.58 crore on its investment in Lee Enterprises during the current quarter, taking the overall mark-to-market gain to Rs. 129 crore.
The mark-to-market gains represent unrealized gains arising from QDL’s shareholding in Lee Enterprises, with the reported value subject to fluctuations based on movements in the underlying share price of Lee Enterprises on the NASDAQ.
Lee Enterprises’ ownership of BLOX Digital also creates significant strategic synergy opportunities for QDL, strengthening its ability to expand its footprint across the global media technology ecosystem. The partnership enhances QDL’s long-term growth potential through the joint scaling of AI-powered newsroom solutions, enterprise digital publishing platforms and next-generation media technologies.
Quint Digital Limited (QDL) (QUINT, BSE 539515) is India’s leading digital and media-tech, AI-focused company. QDL creates innovative ideas in the digital space with cutting-edge technology and engaging formats to propel meaningful change.
QDL holds a significant minority stake in Lee Enterprises, Inc. (NASDAQ: “LEE”), a leading American media company that provides trusted local news and advertising services across 72 markets in 25 American states through nearly 350 digital platforms and print publications.
QDL’s conglomerate offers various solutions ranging from news to tech innovations, recently strengthened by the acquisition of ListenFirst Media, a premium social media and digital analytics platform headquartered in New York, which enhances QDL’s capabilities in AI-driven audience insights and engagement strategies.
Its flagship platform, The Quint, launched in 2015, delivers trusted, innovative journalism, while Quintype’s AI-powered editorial platform enables seamless content creation for over 300 publishers worldwide.
QDL’s suite of brands also includes The News Minute, known for independent journalism from Southern India; Youth Ki Awaaz, a citizen media platform that amplifies the voices of India’s youth; and Kisan India, dedicated to comprehensive coverage of Indian agriculture.
Quint Digital Limited is listed on the BSE Limited. The equity shares of Quint Digital Limited have been admitted to the permitted to trade category of the National Stock Exchange of India Limited.
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