Next Mediaworks Limited — Board Meeting, 15-05-2025: Outcome of Board Meeting

Next Mediaworks Limited has announced a board meeting on approving consolidated financial results for the quarter and year ended March 31, 2025. The group posted a net profit of INR 75.28 Cr for the year, largely driven by an exceptional gain of INR 78.79 Cr from deconsolidation of Next Radio Limited. Core business remains under strain, with losses of INR 24.94 Cr before exceptional items. The company’s net worth is under pressure as current liabilities exceed assets, but financial support from the holding company is confirmed. Standalone profit stood at INR 3.94 Cr, boosted by reversal of previous impairment on Next Radio Limited. No dividends or fund-raising plans were announced.