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Next Mediaworks LimitedResults, 12-02-2025: Integrated Filing- Financial

12-02-2025 | 05:06 pm

Next Mediaworks Limited has shared its integrated financial results for the quarter and nine months ended December 31, 2024. The company reported total revenue of ₹11.24 crore, down from ₹11.72 crore in the corresponding period last year. It incurred a loss of ₹6.32 crore, highlighting challenges in profitability. Management emphasizes that despite these losses and an eroded net worth, current assets surpass current liabilities. The group's reliance on internal funding from its holding company could help address operational needs, suggesting a potential stabilizing factor amidst financial pressures. Investors may view this as a cautious outlook due to ongoing losses, balanced by liquidity support.

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